NOT LISTED FOR SALE

605 Windsor Rd Arcadia, CA 91007

Arcadia Area
12 Beds
8 Baths
5,576 Sq Ft
8,110 Sq Ft Lot

Sale Details

Date Sold: July 6, 2018

Last sale price $2,500,000 $448 Per Sq Ft

61 Days on Market

Highlights

  • Air Conditioning
  • Holly Avenue Elementary School Rated A+
  • Central Heating

About This Home

As of July 2018

Nestled within a prominent community in Arcadia, CA; we are pleased to offer 605 Windsor Road for sale. This property, being as secluded as it is, yet still in a vibrant area of Arcadia, shows amazing potential for increased financial wealth! With the current monthly income of $9,275 increasing to a projected $13,300 there is a significant rise-in-rent probability, showing an estimated cap rate of 4.23% & GRM of 16.13! This is a fantastic opportunity to acquire at a great price! This 8 unit property is situated close to award-winning Arcadia schools, local parks, restaurants, and stores. With easy access to the 210 freeway and major streets close by, commuters will have no issues getting around. This building's rare qualities include central a/c and heat in all units, 8 individual parking spaces, laundry on-site and is within walking distance to Newcastle Park. Arcadia Park and Santa Anita Park are just a 15-minute walk away.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 03/29/2018

Last Buyer's Agent

Alex Rodriguez

License #01252028

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 8,110 Sq Ft Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 5,576 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5775-027-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

8,110 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5576
  • Price Per Unit: 330000.00
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 464.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 840.00
  • Heating: Central
  • Water Expense: 3564.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 3048.00
  • Maintenance Expense: 5613.00
  • Other Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 389091
  • Assessed Land Value: 537383
  • Assessor Parcel Number: 5775-027-011
  • Geocode Override: No
  • Lot Size Area: 8110
  • Price Per Acre: 473.46

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 23.07
  • Number Of Units: 8
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 31080.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 21, 2018
Sold by
Bought by
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Alex Rodriguez
List Price
$2,640,000
Sold Price
$2,500,000
Premium/Discount to List
-$140,000
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2018
Sold by
Bought by

Purchase Details

Closed on
May 4, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arcadia, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 North American Title Company
-- Fidelity National Title
-- Fidelity National Title
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $2,500,000 -3.5% $448 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $2,590,000 -1.9% $464 / Sq Ft
03/29/2018 03/29/18 For Sale $2,640,000 -- $473 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,926 $2,788,794 $1,673,277 $1,115,517
2024 $31,900 $2,734,113 $1,640,468 $1,093,645
2023 $31,240 $2,680,503 $1,608,302 $1,072,201
2022 $30,212 $2,627,945 $1,576,767 $1,051,178
2021 $29,648 $2,576,417 $1,545,850 $1,030,567
2019 $28,947 $2,500,000 $1,500,000 $1,000,000
2018 $12,157 $945,002 $548,130 $396,872
2016 $3,446 $149,484 $49,267 $100,217
2015 $3,393 $147,239 $48,527 $98,712
2014 $3,403 $144,356 $47,577 $96,779
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-327722

The MLS
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