$3,950,000
SOLD DEC 11, 2024

727 Southview Rd Arcadia, CA 91007

6 Beds
5 Baths
10,826 Sq Ft
0.38 Acres

Recently Sold

$365 Per Sq Ft

4% Below List Price

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

  • 0.38 Acre Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 10 Car Garage

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

Parking

10

Listing Details

  • Price Per Unit: 410000
  • 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
  • Entry Location: 1
  • 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

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1200

    1 in this area

    93 Total Sales

    Steve Bogoyevac
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    David O'Keefe

    Marcus & Millichap

    (562) 257-1200

    1 in this area

    52 Total Sales

    David O'Keefe
    Section Image
  • David Offer

    Buyer's Agent in 2024

    David Offer

    Berkshire Hathaway HomeServices California Properties

    (310) 820-9341

    1 in this area

    116 Total Sales

    David Offer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24234302

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Arcadia 91007

727 Southview Rd, Arcadia, CA

This home is located at 727 Southview Rd, Arcadia, CA 91007 and is currently priced at $3,950,000, approximately $364 per square foot. This property was built in 1963. 727 Southview Rd is a home located in Los Angeles County with nearby schools including Hugo Reid Elementary School, Foothills Middle School, and Arcadia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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