419 California Street

Description

419 California Street, a 4-unit Semi value-add, partially upgraded apartment in the City of Arcadia, California. The property is located within the award-winning Arcadia School District. It is 100% vacant and offers rare opportunity for buyer to set their own rent rates, or possibly do condo conversions. The property is a large 4,004 square foot building and situated on a large 9,265 square feet lot. It offers excellent unit mix with 2 x 2bedrooms and 2 x 1bedroom units. Built in 1977, the property has be 419 California Street, a 4-unit Semi value-add, partially upgraded apartment in the City of Arcadia, California. The property is located within the award-winning Arcadia School District. It is 100% vacant and offers rare opportunity for buyer to set their own rent rates, or possibly do condo conversions. The property is a large 4,004 square foot building and situated on a large 9,265 square feet lot. It offers excellent unit mix with 2 x 2bedrooms and 2 x 1bedroom units. Built in 1977, the property has been extensively upgraded in the past 24 months. Two of the units have been fully upgraded with high-end upgrades. Each unit has central A/C and heating (4 new HVAC units) and separately metered for electricity and gas. Each unit is large with an estimated size of 1,000 square foot (buyer to verify). The 2 upstairs units have undergone top-down renovation with new central A/C and heat, new luxury wood flooring, new quartz kitchen countertops and new kitchen cabinets, in-unit washer and dryer, new bathtub complete with tiled bathroom with luxury tile backsplash, new sliding barn doors pantry, and so much more. Ground floor units have large private backyard, and 2nd floor units have small private patios. There are 8 parking spaces which are provided by a detached carport in the back and an open space in front. The property does not require any soft story retrofit.