Seller's Agent in 2020
Mike Vachani
Provenio Realty and Investment
(626) 303-7936
1 in this area
35 Total Sales
12081 Clark St Arcadia, CA 91006
Estimated Value: $660,000 - $796,000
0.15
Acre
$4,820,810
Price per Acre
6,670
Sq Ft Lot
About This Lot
As of December 2020Amazing M-1 Zoned Lot in the City of Arcadia. Owner will carry WITH $180,000 Down. The Land is surrounded by Industrial Buildings and allows for a lot of uses. IF YOU CAN CLOSE BY DECEMBER 18, , PRICE WILL BE REDUCED TO $520,000. THIS IS HUGE REDUCTION IN PRICE!
Build your own Warehouse, use the land as a Contractor Yard, run a mechanic shop, or use it for a business you feel fit. Please check with the City of Arcadia for all uses. This a very rare find and will go fast. The property has an old house and it can be used for an office or a home to live in. YOU CAN JUST BUY THIS NOW, RENT IT OUT AS A HOUSE OR CONTRACTOR YARD AND POTENTIALLY MAKE A LOT OF MONEY ON THE FUTURE. I HAD OFFERS TO RENT FOR BETWEEN $2500 AND $3500.
Owner is motivated to make a deal happen. If you can close fairly quickly and have cash, Owner will work with you! OWNER WILL CARRY WITH $180,000 DOWN.
This will not last! We are Motivated and looking for a quick transaction.
Last Agent to Sell the Property
Provenio Realty and Investment License #01279002 Listed on: 09/23/2020
Last Buyer's Agent
Provenio Realty and Investment License #01279002 Listed on: 09/23/2020
Property Details
Property Type
- Land
Lot Details
- 6,670 Sq Ft Lot
- Level Lot
- Property is zoned M1
Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 8523020001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 2, 2020
Sold by
Dimen George S and Dimen Joan L
Bought by
Vachani Michael and Vachani Sharon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$177,487
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$560,579
Purchase Details
Closed on
Oct 28, 2005
Sold by
Dimen Chris and Dimen Caridad
Bought by
Dimen George S and Dimen Joan L Murphy
Purchase Details
Closed on
Feb 8, 1995
Sold by
Graham Frank and Graham Darlene
Bought by
Dimen Chris and Dimen Caridad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
7.62%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vachani Michael | $350,000 | First American Title Company | |
| Dimen George S | -- | First American Title Company | |
| Dimen George S | -- | -- | |
| Dimen Chris | $78,409 | American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vachani Michael | $200,000 | |
| Previous Owner | Dimen Chris | $51,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $560,000 | 0.0% | $673 / Sq Ft |
| 11/30/2020 11/30/20 | Price Changed | $559,888 | 0.0% | $673 / Sq Ft |
| 10/28/2020 10/28/20 | Price Changed | $560,000 | -1.6% | $673 / Sq Ft |
| 10/12/2020 10/12/20 | Price Changed | $568,888 | -3.4% | $684 / Sq Ft |
| 09/23/2020 09/23/20 | For Sale | $588,888 | -- | $708 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,799 | $378,849 | $303,080 | $75,769 |
| 2024 | $4,799 | $371,422 | $297,138 | $74,284 |
| 2023 | $4,708 | $364,140 | $291,312 | $72,828 |
| 2022 | $4,591 | $357,000 | $285,600 | $71,400 |
| 2021 | $4,494 | $350,000 | $280,000 | $70,000 |
| 2020 | $1,778 | $119,067 | $40,088 | $78,979 |
| 2019 | $1,818 | $116,733 | $39,302 | $77,431 |
| 2018 | $1,765 | $114,445 | $38,532 | $75,913 |
| 2016 | $1,687 | $110,003 | $37,037 | $72,966 |
| 2015 | $1,669 | $108,351 | $36,481 | $71,870 |
| 2014 | $1,584 | $106,230 | $35,767 | $70,463 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Vachani
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR20199210
APN: 8532-020-001
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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