823 N Santa Anita, Arcadia, CA 91006

$988,000

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List Price
$988,000
Status
ACTIVE
MLS#
GD26202222
Year Built
1948
Lot Size
7,554
Acres
0.17
Lot Location
0-1 Unit/Acre, Front Yard, Garden, Lawn, Sprinkler System
Days on Market
2
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Beautiful North Arcadia Duplex. Opportunity awaits an owner-user, multigenerational household, investor, or buyer looking to offset housing costs with rental income; this charming east-facing property offers the flexibility to enjoy one residence while generating income from the other—all in one of Arcadia’s most sought-after neighborhoods. Each residence features a spacious 2-bedroom, 1-bathroom floor plan with a generous living room, full kitchen, and just one shared wall for added privacy. Both units also offer private front porches, dual entrances, and dedicated interior laundry hookups, creating a comfortable and independent living experience for each household. Two-car garage and additional parking area. Major improvements include a newer roof (2023), windows (2023), and a new main sewer line installed within the past four years. Additional highlights include separate gas and electric meters, a remodeled bathroom in the front unit, granite kitchen countertops in the rear unit, fresh landscaping and paint, and a backyard area offering additional possibilities. Whether an owner-user or investor, this duplex also presents compelling long-term investment potential. The existing long-term tenancy provides established rental income with upside, while the site may offer room for one—and potentially two—ADUs, subject to buyer verification with the appropriate agencies and professionals. Located within the highly regarded Arcadia Unified School District and close to the shopping, dining, recreation, and premium municipal amenities that make this North Arcadia duplex so desirable. An exceptional opportunity to combine homeownership, rental income, and future upside in a non-rent control city where multifamily properties are scarce.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$50,160
Operating Expense
16662

Listing courtesy of Listing Agent: Jason Insalaco (jasoninsalaco@hotmail.com) from Listing Office: Kelton Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.