Seller's Agent in 2024
Ash Rizk
Coldwell Banker Realty
(626) 393-5695
103 in this area
227 Total Sales
Estimated Value: $1,321,000 - $2,877,843
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.
| 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 | -- | -- |
| 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 |
| 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 |
| 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 |
Seller's Agent in 2024
Ash Rizk
Coldwell Banker Realty
(626) 393-5695
103 in this area
227 Total Sales
Buyer's Agent in 2024
Karen Wu
Wetrust Realty
(626) 203-5227
5 in this area
85 Total Sales
Seller's Agent in 2014
Rita Chao
Wetrust Realty
(626) 445-6660
9 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR23220779
APN: 5780-005-010