NOT LISTED FOR SALE

416 E Duarte Rd Arcadia, CA 91006

Estimated Value: $1,321,000 - $2,877,843

6 Beds
5 Baths
3,136 Sq Ft
$714/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $2,300,000 $733 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,000/month

23 Days on Market

Highlights

  • In Ground Pool
  • 0.57 Acre Lot
  • Laundry Room
  • Camino Grove Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of January 2024

Nestled in the heart of Arcadia, this unique multi-family property at 416 E Duarte Rd. offers an exciting investment opportunity in one of Southern California's most sought-after neighborhoods. With a blend of tenant-occupied and vacant units, this versatile property features a total of 3 distinct nonconforming units, providing a range of options for both tenants and investors. From spacious 3-bedroom, 1-bathroom units to comfortable 2-bedroom, 2 bathroom units, and even 2-bedroom, 1-bathroom units with in-units laundry facilities, this property caters to diverse housing needs. Additionally, the property includes a refreshing swimming pool that, while currently drained, can easily be filled again, enhancing tenant amenities and rental income potential. Situated on a rectangular 24,723 sq ft lot with three separate unconforming units, this property is primed for creative renovation or redevelopment, making it a canvas for your investment vision. This property is a DUPLEX with a 3rd Non-Conforming structure. Buyer and Agent to do their due diligence before writing any offers. This is an AS-IS Sale and would be perfect for redevelopment. Conveniently located near supermarkets and restaurants and within the highly acclaimed Arcadia School District, this property presents a rate opportunity to invest in the best of Arcadia living.

Last Agent to Sell the Property

Ash Rizk

Coldwell Banker Realty License #01503342 Listed on: 12/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Karen Wu

Wetrust Realty License #01515481

Wetrust Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.57 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 5 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • In Ground Pool
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 808
  • Assessor Parcel Number 5780005010

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: ARR1YY
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5780005010
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3136.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 733.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 24723.00
  • Lot Size Acres: 0.5676

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24723.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 4308.02
  • Tax Lot: 50
  • Tax Tract Number: 808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 5, 2024
Sold by
Huang Xiaofeng
Bought by
Lin Lam Fei
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
Karen Wu
Wetrust Realty
List Price
$2,290,000
Sold Price
$2,300,000
Premium/Discount to List
$10,000
0.44%
Views
138
Current Estimated Value
$2,239,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,289
Avg. Annual Appreciation
-1.37%
Original Mortgage
$850,000
Outstanding Balance
$835,125
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,404,586

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 10, 2014
Sold by
Huang Dave M and Huang Mary G
Bought by
Huang Xiaofeng
Seller's Agent
Rita Chao
Wetrust Realty
Buyer's Agent
Rita Chao
Wetrust Realty
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Stable Enterprises Llc
Bought by
Huang Dave M and Huang Mary G

Purchase Details

Closed on
Sep 2, 2011
Sold by
Tsu Kevin and Liu Amy R
Bought by
Stable Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 2004
Sold by
Burkhart Jeffrey and Burkhart Linda S
Bought by
Tsu Kevin and Liu Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Burkhart Jeffrey and Burkhart Linda
Bought by
Burkhart Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2000
Sold by
Spickler Dale and Spickler Mary Ann
Bought by
Burkhart Jeffrey and Burkhart Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 1999
Sold by
Spickler Dale L and Spickler Mary A
Bought by
Spickler Dale and Spickler Mary Ann
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 Buyer Sale Price Title Company
Lin Lam Fei $2,300,000 Equity Title Company
Huang Xiaofeng $2,000,000 First American Title Company
Huang Dave M -- Accommodation
Stable Enterprises Llc $1,080,000 Investors Title Company
Tsu Kevin $928,000 Southland Title
Burkhart Jeffrey -- Chicago Title Co
Burkhart Jeffrey $350,000 --
Spickler Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Lam Fei $850,000
Previous Owner Stable Enterprises Llc $500,000
Previous Owner Tsu Kevin $528,000
Previous Owner Burkhart Jeffrey $435,000
Previous Owner Burkhart Jeffrey $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2024 01/25/24 Sold $2,300,000 +0.4% $733 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $2,290,000 -0.4% $730 / Sq Ft
01/04/2024 01/04/24 Off Market $2,300,000 -- --
12/13/2023 12/13/23 For Sale $2,290,000 +14.5% $730 / Sq Ft
03/17/2014 03/17/14 Sold $2,000,000 -9.1% $638 / Sq Ft View Prior Sale
02/26/2014 02/26/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $2,200,000 -- $702 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,178 $2,346,000 $1,326,000 $1,020,000
2024 $27,178 $2,403,644 $2,283,466 $120,178
2023 $26,609 $2,356,515 $2,238,693 $117,822
2022 $25,730 $2,310,310 $2,194,798 $115,512
2021 $25,269 $2,265,011 $2,151,763 $113,248
2020 $24,947 $2,241,787 $2,129,700 $112,087
2019 $24,653 $2,197,832 $2,087,942 $109,890
2018 $23,910 $2,154,738 $2,047,002 $107,736
2016 $23,442 $2,071,068 $1,967,515 $103,553
2015 $23,032 $2,039,960 $1,937,962 $101,998
2014 $18,312 $1,607,000 $1,600,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23220779

California Regional Multiple Listing Service (CRMLS)

APN: 5780-005-010