833 W Duarte Rd Arcadia, CA 91007
Estimated payment $33,856/month
Highlights
- Midcentury Modern Architecture
- Mountain View
- Wood Flooring
- Baldwin Stocker Elementary School Rated A
- Property is near public transit
- Granite Countertops
About This Home
Pride-of-ownership 12-unit Value-add in the heart of Arcadia, No Local Rent Control, Excellent unit mix, 2 ADUs Initial plan included, Arcadia School, Convenient location near Santa Anita Mall + Santa Anita Park, shopping + dining, groceries stores, medical offices, schools, library, etc. 833 W Duarte Rd, a Pride-of-ownership 12-unit value-add apartment in the heart of the City of Arcadia, California. There is no local rent control in Arcadia, thus providing maximum upside potential (under California AB1482 – up to 10% maximum annual rent increase). This property is located within the prestigious Arcadia Unified School District. It offers excellent demographics of ±$132,826 average household income within a mile radius! The sale includes initial drawing for 2 additional ADUs to be built above the carport area (not approved – buyer to continue the permitting process).
The property is a well maintained 2 story garden style apartments with a center courtyard. The courtyard area used to be a swimming pool that had been filled up with permits. The property has a total of situated on a large 16,481 square feet lot and was built in 1960. It is a garden style two-story apartment with a center courtyard (there was a swimming pool that was filled in - with permits). The property offers excellent unit mix with one (1) large x 3bedroom+3bathroom, one (1) x 2bedroom+2bathroom, one (1) x 2bedroom+1bathroom, and nine (9) x 1bedroom+1bathroom. One unit has a private patio area (sundeck) above carport. The 2 ADUs plan are to build above the carport – by the sundeck area.
Each unit is sizable with a functional layout. Several units have been fully upgraded with modern upgrades such as new luxury wood vinyl flooring, granite kitchen countertops, tiled bathroom, and shower door.
The property is separately metered for electricity and gas, windows A/C, wall heater, and individual water heater. There are a total of 15 parking spaces which are provided by 2 detached carports in the back (12 carport spaces) and 3 open spaces parking in the front of the building. Arcadia does not have any parking soft story retrofit is requirement.
The property has undergone many recent capital improvements which include new exterior painting, new parking gate, new entrance gate, dual pane windows throughout, complete upgrades of several units, and filled in swimming pool.
Listing Agent
Growth Investment Group Pasade Brokerage Email: han.chen@growthinvestmentgroup.com License #01749321 Listed on: 06/17/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.38 Acre Lot
- Two or More Common Walls
- South Facing Home
- Wrought Iron Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Lawn
Property Views
- Mountain
- Neighborhood
Home Design
- Midcentury Modern Architecture
- Apartment
- Asbestos Shingle Roof
Interior Spaces
- 8,838 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Gas Range
- Range Hood
- Granite Countertops
- Quartz Countertops
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- 12 Open Parking Spaces
- 15 Parking Spaces
- 3 Detached Carport Spaces
- Parking Available
- Assigned Parking
Location
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 129
- Tax Tract Number 2731
- Assessor Parcel Number 5783005035
- $3,284 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 12 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 12 Leased Units
- Rent Control
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $972
- Fuel Expense $834
- Gardener Expense $2,200
- Insurance Expense $3,931
- Maintenance Expense $3,084
- Professional Management Expense $8,644
- Trash Expense $8,544
- Water Sewer Expense $8,192
- New Taxes Expense $56,216
- Operating Expense $95,561
- Gross Income $320,149
- Net Operating Income $218,185
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $5,250,000 | -- | $594 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25135600
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.
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
- 903 W Duarte Rd Unit B
- 1017 Golden Ave W
- 1231 S Golden Ave W Unit 26
- 931 W Duarte Rd Unit 6
- 914 Fairview Ave Unit 15
- 717 Arcadia Ave Unit C
- 1006 Arcadia Ave Unit D
- 896 S Golden Ave W
- 514 - 518 Fairview Ave
- 1222 Temple City Blvd
- 1228 Temple City Blvd
- 800 W Huntington Dr Unit D
- 1522 S Baldwin Ave Unit 15
- 726 W Huntington Dr Unit B
- 618 Fairview Ave Unit 102
- 618 Fairview Ave Unit 230
- 903 Sunset Blvd Unit B
- 903 Sunset Blvd Unit A
- 1126 Fairview Ave Unit 106
- 535 W Duarte Rd Unit 14
- 834 W Duarte Rd Unit 5
- 763 Arcadia Ave Unit 12
- 929 W Duarte Rd
- 929 W Duarte Rd Unit B
- 922 W Duarte Rd Unit 11
- 922 W Duarte Rd Unit 3
- 735 Arcadia Ave Unit L
- 1011 W Duarte Rd
- 9651 E Naomi Ave
- 1032 Arcadia Ave
- 808 S Golden Ave W Unit B
- 818 W Huntington Dr Unit 17
- 743 Southview Rd Unit B
- 1228 Temple City Blvd Unit E
- 1522 S Baldwin Ave Unit 4
- 637 Fairview Ave
- 1600 S Baldwin Ave Unit 18
- 1161 W Duarte Rd Unit 26
- 717 Joaquin Rd
- 1001-1005 W Huntington Dr