NOT LISTED FOR SALE

727 Southview Rd Arcadia, CA 91007

6 Beds
5 Baths
10,826 Sq Ft
0.38 Acres Lot

Sale Details

Date Sold: December 11, 2024

Last sale price $3,950,000 $365 Per Sq Ft

26 Days on Market

Highlights

  • Cul-De-Sac
  • Hugo Reid Elementary School Rated A+
  • Laundry Room

About This Home

As of December 2024

727 Southview Road is a pride-of-ownership 10-unit apartment complex in Arcadia, California. This property boasts a great cul-de-sac location in an affluent neighborhood walking distance to The Shops at Santa Anita, a shopping destination with retailers that range from Old Navy and Macy’s to Swarovski and Coach. Additionally, the property is proximate to the renowned Santa Anita Park race track, the Los Angeles County Arboretum and Botanical Garden, and the Santa Anita Golf Course. 727 Southview Road comprises two buildings that offer a total mix of four one-bed/one-bath units, five two-bed/two-bath units, and one three-bed/two-bath unit. Select units feature fireplaces and private patios, and the property offers on-site laundry as well as designated parking for each unit. Seller financing may be available at six percent interest-only for three years with a 35 percent down payment.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 11/14/2024

Co-Listed By

David O'Keefe

Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739

Last Buyer's Agent

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 16,474 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 10 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 10,826 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 24499
  • Assessor Parcel Number 5783010022
  • $3,170 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Operating Expense $92,674
  • Gross Income $248,880
  • Net Operating Income $151,139

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.38 Acres

Parking

10

Listing Details

  • Property Attached: No
  • Zoning: ARR3YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5783010022
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 364.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 16474.00
  • Lot Size Acres: 0.3782

Multi Family

  • Gross Income: 248880.00
  • Gross Scheduled Income: 248880.00
  • Lot Size Area: 16474.0000 Square Feet
  • Net Operating Income: 151139.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 92674.00
  • Rent Control: Yes
  • Total Expenses: 92674.00

Tax Info

  • Tax Census Tract: 4307.23
  • Tax Lot: 1
  • Tax Tract Number: 24499
  • TaxOtherAnnualAssessmentAmount: 3170.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $3,950,000 0.0% $365 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/16/2024 11/16/24 Off Market $3,950,000 -- --
11/14/2024 11/14/24 For Sale $4,100,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,668 $3,950,000 $2,000,000 $1,950,000
2024 $23,668 $1,892,134 $618,916 $1,273,218
2023 $23,200 $1,855,034 $606,781 $1,248,253
2022 $22,462 $1,818,662 $594,884 $1,223,778
2021 $22,000 $1,783,003 $583,220 $1,199,783
2019 $21,492 $1,730,670 $565,922 $1,164,748
2018 $20,820 $1,696,747 $554,826 $1,141,921
2016 $20,222 $1,630,334 $533,283 $1,097,051
2015 $19,874 $1,605,846 $525,273 $1,080,573
2014 $19,651 $1,574,391 $514,984 $1,059,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24234302

California Regional Multiple Listing Service (CRMLS)
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