NOT LISTED FOR SALE

939 Arcadia Ave Arcadia, CA 91007

-- Bed
-- Bath
27,836 Sq Ft
36,309 Sq Ft Lot

Last Sold May 30, 2018

Last sale price $9,000,000 $323 Per Sq Ft

14 Days on Market

Highlights

  • Gated Parking
  • 36,309 Sq Ft lot
  • 4-minute walk to Tripolis Friendship Park
  • Baldwin Stocker Elementary School Rated A+
  • Central Heating and Cooling System

About This Home

As of May 2018

The Carousel is a 22 unit multifamily property constructed in 1961 on a 36,309 square foot R3 double lot, with a total building size of 27,836 square feet. The well-maintained, neatly landscaped, two-story property is separately metered for electric, and offers intercom entry, a gated pool, an on-site laundry facility with two sets of washer/dryers, and an automatic parking gate.The Carousel boasts a highly desirable unit mix of two one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, seventeen two-bedroom/two-bathroom units, and two three-bedroom/two-bathroom units. The spacious units offer individual water heaters, central air and heat, laminate, tile, and carpet flooring, electric stoves, dishwashers, and walk-in closets. Select units have ceiling fans, updated cabinets, granite countertops, and balconies/patios.The property is on a double lot with two APNs: 5783-004-079 & 5783-004-080.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 05/11/2018

Last Buyer's Agent

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 05/11/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.83

Interior Spaces

  • 27,836 Sq Ft Home
  • 2-Story Property

Parking

  • 28 Parking Spaces
  • Gated Parking

Additional Features

  • 36,309 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 5783-004-079

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.83 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 27836
  • Manager Expense: 6996.00
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 316.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool Expense: 2005.00
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 28

Utilities

  • Cooling: Central
  • Electric Expense: 4170.00
  • Heating: Central
  • Water Expense: 3777.00

Fee Information

  • Insurance Expense: 9743.00
  • Maintenance Expense: 14300.00
  • Management Expense: 18868.00
  • Other Expense: 4400.00
  • Trash Expense: 6935.00

Lot Info

  • Assessor Parcel Number: 5783-004-079
  • Geocode Override: No
  • Lot Size Area: 36309

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.28
  • Number Of Units: 22
  • Type Of Units: Multifamily

Tax Info

  • Tax Expense: 102701.00
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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
05/30/2018 05/30/18 Sold $9,000,000 +2.3% $323 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $8,800,000 -- $316 / Sq Ft
Source: The MLS

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 $58,201 $5,120,227 $3,584,160 $1,536,067
2024 $58,201 $5,019,832 $3,513,883 $1,505,949
2023 $57,001 $4,921,405 $3,444,984 $1,476,421
2022 $54,755 $4,824,908 $3,377,436 $1,447,472
2021 $53,690 $4,730,303 $3,311,212 $1,419,091
2019 $52,386 $4,590,800 $3,213,000 $1,377,800
2018 $36,377 $3,126,357 $2,188,182 $938,175
2016 $35,522 $3,004,190 $2,103,213 $900,977
2015 $34,903 $2,959,065 $2,071,621 $887,444
2014 $34,533 $2,901,102 $2,031,041 $870,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-343234

The MLS
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