143 Alta Street, Arcadia, CA 91006

About this property

We are pleased to present for sale this 10 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 1987 construction quality asset in a thriving rental market. Situated on a 15,954 square foot lot, the buildings are approximately 12,306 square feet and feature a unit mix of six 3 bedroom 2.5 bath units and four 2 bedroom 2 bath units. The property is extremely well parked with a total of 25 parking spaces: (10) 2 car garages and 5 additional open parking spaces. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups and separate meters for gas and electricity. The roofs were replaced in 2022 and each unit has its own balcony. Select units have been upgraded with wood flooring and countertops. The front and back units of each building have multiple balconies and there are two spacious storage rooms located at the rear of the property.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$6,100,000

Sold April 2023 · listed $5,900,000, on market March 2023 · MLS #23248245 · Source: CRMLS

Listing Agent: Benjamin J. Hsiang · Listing Office: Realty Investment Advisors, Inc. · Contact: 424-377-6001 · Bought with: Benjamin J. Hsiang · Realty Investment Advisors, Inc.

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