$1,695,000

126 E Colorado Blvd Arcadia, CA 91006

Estimated payment $10,694/month

Total Views 2,563
6 Beds
5 Baths
3,354 Sq Ft
$505 Price per Sq Ft

Highlights

  • Golf Course Community
  • Lawn
  • Park
  • Holly Avenue Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Eisenhower Park

About This Home

5 unit residential property located in the City of Arcadia near the Downtown Arcadia. This property consists of 2 buildings with 3 units in the front and 2 units in the rear above the garages. 1 Unit is a 2 bed/ 1 bath and 4 units are 1 bed/ 1 bath. There is onsite garage parking spaces for tenants via alley and open street parking. Each unit has its own water heater with separate gas and electric meters. Property has room to increase rents that should allow to generate more income over the years. There is a laundry room that also can generate additional income. The property is located within walking distance to the Metro line off 1st Street and Santa Clara St. There are many Shops, Restaurants, Parks and Fast Food near the Downtown that gives this property an excellent future to own and grow your rents.

Last Listed By

Carlos Skubacz

RE/MAX 2000 Brokerage Phone: 714-290-0936 License #01474295 Listed on: 05/25/2025

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,479

Year Built

  • Built in 1949

Lot Details

  • 6,851 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Lawn

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 3,354 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 30 / 83
  • Tax Tract Number 4308
  • Assessor Parcel Number 5773003022
  • $1,722 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $432
  • Gardener Expense $2,400
  • Insurance Expense $2,400
  • Maintenance Expense $3,000
  • Other Expense $206
  • Pest Control $354
  • Professional Management Expense $4,212
  • Water Sewer Expense $1,591
  • New Taxes Expense $21,527
  • Operating Expense $36,602
  • Gross Income $85,080
  • Net Operating Income $48,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,479

Year Built

Built in 1949

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Price Per Unit: 339000
  • Professional Management Expense: 4212.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1591.00
  • Zoning: ARR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5773003022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 505.37

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 354.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Golf, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Level
  • Lot Size Sq Ft: 6851.00
  • Lot Size Acres: 0.1573

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 432.00
  • Gross Income: 85080.00
  • Gross Scheduled Income: 85080.00
  • Insurance Expense: 2400.00
  • Laundry Income: 840.00
  • Lot Size Area: 6851.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 48478.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 36602.00
  • Other Expense: 206.00
  • Other Expense Description: Fire Ext
  • Rent Control: No
  • Total Actual Rent: 84240.00
  • Total Expenses: 36602.00

Tax Info

  • New Taxes Expense: 21527.00
  • Tax Block: 83
  • Tax Census Tract: 4308.01
  • Tax Lot: 30
  • Tax Tract Number: 4308
  • TaxOtherAnnualAssessmentAmount: 1722.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $14,479 $1,177,782 $588,891 $588,891
2023 $14,190 $1,154,690 $577,345 $577,345
2022 $13,737 $1,132,050 $566,025 $566,025
2021 $13,480 $1,109,854 $554,927 $554,927
2019 $13,169 $1,077,256 $538,468 $538,788
2018 $12,855 $1,056,140 $527,910 $528,230
2016 $12,499 $1,014,822 $507,411 $507,411
2015 $12,286 $999,580 $499,790 $499,790
2014 -- $980,000 $490,000 $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 For Sale $1,695,000 0.0% $505 / Sq Ft
10/18/2017 10/18/17 Rented $1,300 0.0% --
10/05/2017 10/05/17 For Rent $1,300 0.0% --
08/16/2013 08/16/13 Sold $980,000 -23.4% $292 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $1,280,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $980,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25116749

California Regional Multiple Listing Service (CRMLS)

APN: 5773-003-022