$1,928,000
SOLD APR 14, 2025

216 S 3rd Ave Arcadia, CA 91006

5 Beds
7 Baths
2,824 Sq Ft
5,933 Sq Ft Lot

Recently Sold

$683 Per Sq Ft

7% Above List Price

12 Days on Market

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Gated Community
  • Camino Grove Elementary School Rated A
  • Gated Parking
  • 4-minute walk to Bonita Park

About This Home

As of April 2025

High-end finishes and modern luxury converge at this exceptional investment opportunity in the heart of Arcadia! Welcome to 216 South 3rd Avenue, a meticulously maintained turnkey duplex recently built in 2018. Offering two beautifully designed units with character rich Spanish architecture, you've found the perfect opportunity for generating passive income or comfortably housing multiple generations with maximum privacy and comfort. Unit A offers 3 bright and spacious bedrooms, 3.5 baths, and 1,675 sqft of total living area. Tucked behind, Unit B offers 2 generous bedrooms, 2.5 baths, and a total living area of 1,036 sqft. Boasting exceptional curb appeal, these beautifully maintained homes were built by highly regarded Assen Homes--a testament to their enduring quality and sophisticated design. From the thick crown moldings to the sleek and functional kitchens to the convenient Nest thermostat systems, it's easy to picture the elevated lifestyle that awaits here. Both units include 2 car garages and the gated driveway offers an abundance of additional parking. Located in the heart of Arcadia, the homes offer access to convenient dining and shopping as well as one of the best school districts in the state. An exceptional opportunity by any measure, don't miss your chance at this prime duplex!

Last Agent to Sell the Property

Eva Lin

eXp Realty of California, Inc. License #01817694 Listed on: 02/28/2025

eXp Realty of California, Inc.

Last Buyer's Agent

Kenneth Chu

Moreland Properties License #00885244

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 5,933 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Front Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • On-Street Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Living Room
  • Storage

Kitchen

  • Convection Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 430801
  • Assessor Parcel Number 5773016016

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5773016016
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Balcony, Pantry, Storage, Recessed Lighting, Open Floorplan, High Ceilings, Crown Molding, Built-in Features
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 682.72
  • Room Type: Living Room, Primary Suite, Primary Bathroom, Kitchen, Walk-In Closet, Primary Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Covered, Street, Gated, Garage Door Opener, Driveway, Direct Garage Access
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Convection Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5933.00
  • Lot Size Acres: 0.1362

Multi Family

  • Lot Size Area: 5933.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 430801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Mar 14, 2025
Sold by
Chang Lu
Bought by
Kang John J and Au Mimy
Seller's Agent
Eva Lin
eXp Realty of California, Inc.
Buyer's Agent
Kenneth Chu
Moreland Properties
List Price
$1,800,000
Sold Price
$1,928,000
Premium/Discount to List
$128,000
7.11%
Views
34
Current Estimated Value
$1,919,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,734
Avg. Annual Appreciation
-0.62%
Original Mortgage
$1,328,000
Outstanding Balance
$1,318,391
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$600,875

Purchase Details

Listed on
Jan 20, 2019
Closed on
Jun 7, 2019
Sold by
Chen & Partners Llc
Bought by
Chang Lu
Seller's Agent
Kevin Hsu
Re/Max Premier Prop Arcadia
Buyer's Agent
Eva Lin
Lin Realty Group
List Price
$1,680,000
Sold Price
$1,608,888
Premium/Discount to List
-$71,112
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 21, 2014
Sold by
Leung Patrick Sing Chung
Bought by
Chen & Partners Llc
Seller's Agent
Margaret Lee
Coldwell Banker Dynasty Arc.
Buyer's Agent
Carmen Li
Coldwell Banker Dynasty Arc.
List Price
$788,000
Sold Price
$624,500
Premium/Discount to List
-$163,500
-20.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.18%

Purchase Details

Closed on
Mar 9, 1999
Sold by
Chang Prins S
Bought by
Leung Patrick Sing Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,928,000 Chicago Title Company
Grant Deed $1,928,000 Chicago Title Company
Grant Deed $1,609,000 Fidelity National Title
Grant Deed $1,609,000 Fidelity National Title
Grant Deed $624,500 Lawyers Title
Grant Deed $624,500 Lawyers Title
Individual Deed $184,000 First American Title Co
Individual Deed $184,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,328,000 New Conventional
Previous Owner $174,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Sold $1,928,000 +7.1% $683 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $1,800,000 +11.9% $637 / Sq Ft
06/24/2019 06/24/19 Sold $1,608,888 -0.7% $593 / Sq Ft View Prior Sale
05/10/2019 05/10/19 Price Changed $1,619,990 0.0% $598 / Sq Ft
04/18/2019 04/18/19 Price Changed $1,619,999 0.0% $598 / Sq Ft
04/11/2019 04/11/19 Price Changed $1,620,000 -1.2% $598 / Sq Ft
04/04/2019 04/04/19 Price Changed $1,640,000 -2.4% $605 / Sq Ft
01/20/2019 01/20/19 For Sale $1,680,000 +169.0% $620 / Sq Ft
12/11/2014 12/11/14 Sold $624,500 -20.7% $735 / Sq Ft View Prior Sale
12/01/2014 12/01/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $788,000 -- $927 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

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
2025 $19,919 $1,794,864 $897,990 $896,874
2024 $19,919 $1,759,672 $880,383 $879,289
2023 $19,500 $1,725,170 $863,121 $862,049
2022 $18,853 $1,691,345 $846,198 $845,147
2021 $18,510 $1,658,182 $829,606 $828,576
2019 $12,524 $1,092,146 $672,829 $419,317
2018 $7,653 $659,635 $527,709 $131,926
2016 $7,464 $634,022 $507,218 $126,804
2015 $7,335 $624,500 $499,600 $124,900
2014 -- $235,299 $188,244 $47,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21055

Pasadena-Foothills Association of REALTORS®

APN: 5773-016-016