NOT LISTED FOR SALE

933 Arcadia Ave Arcadia, CA 91007

49 Beds
40 Baths
28,022 Sq Ft
0.87 Acres

Last Sold April 27, 2022

Last sale price $9,500,000 $339 Per Sq Ft

9 Days on Market

Highlights

  • In Ground Pool
  • 37,893 Sq Ft lot
  • Central Heating and Cooling System
  • Baldwin Stocker Elementary School Rated A
  • Tile Flooring
  • 4-minute walk to Tripolis Friendship Park

About This Home

As of April 2022

CBRE, Inc. is proud to exclusively present Shalimar Apartments in the city of Arcadia. Shalimar, true to its namesakes, "a garden of great beauty" and an "abode of light," is located at 933 Arcadia. Constructed in 1962 on an oversized 37,893 square foot R3 lot, Shalimar Apartments is a two-story, 20 unit multifamily property, with a total building size of 28,022 square feet. The well-maintained, controlled access property with intercom entry offers mature landscaping, a lush courtyard setting with beautiful water features, a gated pool, an on-site laundry facility, ample storage areas, and 29 covered parking spaces. The property is separately metered for gas and electric and serviced by individual water heaters. Offered for the first time in over four decades, Shalimar Apartments boasts an excellent unit mix of one two-bedroom/one-and-one-half-bathroom unit, ten two-bedroom/two-bathroom units, and nine three-bedroom/two-bathroom units. Units are generously sized with an average unit size of 1,350 SF.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 02/09/2022

Last Buyer's Agent

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 02/09/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.87

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 28,022 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 49 Bedrooms
  • 40 Bathrooms

Parking

  • 29 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • In Ground Pool
  • 0.87 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for pool service, water, gardener
  • Assessor Parcel Number 5783-004-026

Community Details

Recreation

  • Community Pool

Additional Features

  • 20 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 28022
  • Manager Expense: 21000.00
  • Year Built: 1962
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Appliances: Electric
  • Bedrooms: 49
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 40.00
  • Equipment: Dishwasher, Ceiling Fan
  • Price Per S Q F T: 333.67

Exterior Features

  • Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool Expense: 2125.00
  • Pool: Yes
  • Roof: Composition, Flat, Shingle
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 29

Utilities

  • Water Heater: Electric
  • Cooling: Central
  • Electric Expense: 3847.00
  • Heating: Central
  • Water Expense: 7214.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 819.00
  • Insurance Expense: 10605.00
  • Maintenance Expense: 14000.00
  • Management Expense: 19934.00
  • Other Expense: 4000.00
  • Trash Expense: 7646.00

Lot Info

  • Assessor Parcel Number: 5783-004-026
  • Lot Size Area: 37893

Rental Info

  • Owner Pays: Pool Service, Water, Gardener
  • Tenant Pays: Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.31
  • Number Of Units: 20
  • Total Annual Expense: 201719
  • Type Of Units: Multifamily
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 105569.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/27/2022 04/27/22 Sold $9,500,000 +1.6% $339 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $9,350,000 -- $334 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Priscilla Nee

    Seller's Agent in 2022

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    4 in this area

    34 Total Sales

    Priscilla Nee
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-123833

The MLS
California Los Angeles County Arcadia 91007

933 Arcadia Ave, Arcadia, CA

This home is located at 933 Arcadia Ave, Arcadia, CA 91007 since 09 February 2022. This property was built in 1962. 933 Arcadia Ave is a home located in Los Angeles County with nearby schools including Baldwin Stocker Elementary School, First Avenue 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes