416 E Duarte Road, Arcadia, CA 91006

About this triplex

Nestled in the heart of Arcadia, this unique multi-family property at 416 E Duarte Rd. offers an exciting investment opportunity in one of Southern California's most sought-after neighborhoods. With a blend of tenant-occupied and vacant units, this versatile property features a total of 3 distinct nonconforming units, providing a range of options for both tenants and investors. From spacious 3-bedroom, 1-bathroom units to comfortable 2-bedroom, 2 bathroom units, and even 2-bedroom, 1-bathroom units with in-units laundry facilities, this property caters to diverse housing needs. Additionally, the property includes a refreshing swimming pool that, while currently drained, can easily be filled again, enhancing tenant amenities and rental income potential. Situated on a rectangular 24,723 sq ft lot with three separate unconforming units, this property is primed for creative renovation or redevelopment, making it a canvas for your investment vision. This property is a DUPLEX with a 3rd Non-Conforming structure. Buyer and Agent to do their due diligence before writing any offers. This is an AS-IS Sale and would be perfect for redevelopment. Conveniently located near supermarkets and restaurants and within the highly acclaimed Arcadia School District, this property presents a rate opportunity to invest in the best of Arcadia living.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$2,300,000

Sold January 2024 · listed $2,290,000, on market December 2023 · MLS #AR23220779 · Source: CRMLS

Listing Agent: Ash Rizk · Listing Office: Coldwell Banker Realty · Contact: 626-393-5695 · Bought with: Karen Wu · IRN Realty

$2,000,000

Sold March 2014 · listed $2,200,000, on market February 2014 · MLS #AR14025077 · Source: CRMLS

Listing Agent: Rita Chao · Listing Office: Coldwell Banker George · Contact: 626-445-6660 · Bought with: Rita Chao · Coldwell Banker George

$2,000,000

Sold March 2014 · listed $2,200,000, on market February 2014 · MLS #AR14024664 · Source: CRMLS

Listing Agent: Rita Chao · Listing Office: Coldwell Banker George · Contact: 626-445-6660 · Bought with: KING HUI · PALM PACIFIC REALTY

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