Listed by Janet Chan with Advanta Properties, Inc

4251 E Live Oak Avenue

Arcadia, CA, 91006

$8,580,000

$539 per ft²
$8,580,000
$539 per ft²
Active
Active
 - For Sale
carpenters-square
15,918 ft²
property_type
Multi-family
calendar
Built 2023
Advanta Properties Inc. is pleased to present the exclusive new construction opportunity to acquire Live Oak 13, a multi-family building comprised of 13 newly built units with 3 BD/3.5 BA units ideally located in Arcadia, CA. With excellent proximity to major employers, 210 & 605 freeways, entertainment districts and restaurants, this community is an attractive destination for rentals. Slated to be completed in early 2023 , 4251 E. Live Oak Ave., Arcadia, Ca 91006 offers 13 3 bedroom and 3 bath units. The well-built property features luxury unit upgrades including modern fixtures, luxury vinyl flooring, in unit washer & dryer hookups, electronic entry locks, dual pane windows, quartz countertops, soft-close cabinets, and SS appliances. Since this is new construction, this Multifamily investment opportunity has a high return and low operating costs with no rent control for the next 10+ years. All utilities are separately metered. The 26 parking spots (with 2EV charging stations) can also be optional additional income. This property is also ideal for the furnished rental housing business model such as traveling nurse/first responder housing, as it is close to 3 major hospitals (USC Arcadia, City of Hope, Kaiser). Units can also be used as Live/Work apartments.
MLS® ID:
AR23020774
Listed:
2/4/23
Updated:
3/27/23
Coldwell Banker Global Luxury
Ash Rizk

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Washer Hookup, Gas Dryer Hookup
Cooling
Central Air

Exterior/Building Features

Lot Size
0.44 acres lot
Sewer
Sewer Tap Paid

Other Property Details

Area Name
605 - Arcadia
Association Amenities
Suburban
Garage
No
Parking
26
Parking Total
26.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
3
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/27/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/27/23 at 8:27 PM UTC

Coldwell Banker Global Luxury
Ash Rizk
Contact