720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
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$2,250,000
Est. payment /mo
8 Beds
5 Baths
3,167 SqFt
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Open House

Sat Jul 04, 1:00pm - 4:00pm

Sun Jul 05, 1:00pm - 3:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,167 sqft

Price per Sqft $710

MLS Listing ID 26853293

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1930

Lot Size 8,999 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare income-producing opportunity in the highly desirable Arcadia School District! This well-maintained triplex offers exceptional flexibility for investors and owner-occupants alike.The front residence features 3 bedrooms and 3 bathrooms and has been beautifully renovated with modern finishes and thoughtful updates. Attached to the front home is a newer 1-bedroom, 1-bath ADU, ideal for extended family, guests, or additional rental income. Both the front home and the attached ADU will be delivered vacant at the close of escrow, allowing the new owner the flexibility to occupy one or both units or lease them at current market rents.The detached rear unit offers 4 bedrooms and 2 bathrooms and is currently tenant occupied generating roughly $4,300 a month, providing immediate, stable rental income from day one. With attractive curb appeal, pride of ownership throughout, and a prime location near award-winning Arcadia schools, shopping, dining, parks, and convenient transportation, this is a rare opportunity to own a versatile multi-unit property in one of Arcadia's most sought-after neighborhoods. Whether you're looking to maximize rental income, accommodate multi-generational living, or build long-term wealth, this exceptional property offers endless possibilities.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR2YY

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Driveway

Pool None

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5779019025

Special Listing Condition Standard


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Listed by Raymond Wu Keller Williams Los Angeles #02019741

NEARBY SCHOOLS & PROPERTIES

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High State Realty

High State Realty

+1(805) 490-1401

BROKER, OWNER | License ID: 02181686

BROKER, OWNER License ID: 02181686

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720 S 3rd AVE