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624 S Santa Anita Avenue, Arcadia, CA 91006

Commercial property · 2 recorded sales since 2024

624 S Santa Anita Avenue, Arcadia, CA 91006 Sold April 2024 CRMLS
$2,380,000Sold April 2024

Listing Agent: Maggie Ly (DRE #01385106) · Listing Office: Re/Max Premier Prop SanMarino · Contact: 626-203-9344 · Bought with: Maggie Ly · Re/Max Premier Prop SanMarino · MLS #AR23195699 · Source: CRMLS

7,198
Building Sq Ft
7
Units
4.74%
Cap Rate
$117,476
NOI
9,252 sqft
Lot Size
1942
Year Built
Commercial property
Type

About this commercial property

Major Price Reduction. This prime mixed-use corner property in the heart of Arcadia offers a unique opportunity for investors and business owners alike. The property features one ~4,500 sqft. retail unit on the first floor and six residential units on the second floor of ~2,800 sqft. Total Building Area is ~7,110 sqft. Located on a major traffic artery near the 210 freeway, this property enjoys excellent visibility and foot traffic. It is also within the renowned Arcadia school district. This property is sure to appeal to a wide range of buyers, including those seeking to generate income, grow their portfolio, or own and operate a business in a prime location.

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

Sale history

$2,380,000
Sold April 2024 · listed $2,480,000, orig. $2,800,000, on market October 2023 · MLS #AR23195699 · Source: CRMLS
Listing Agent: Maggie Ly · Listing Office: Re/Max Premier Prop SanMarino · Contact: 626-203-9344 · Bought with: Maggie Ly · Re/Max Premier Prop SanMarino
$2,380,000
Sold April 2024 · listed $2,480,000, orig. $2,800,000, on market October 2023 · MLS #AR23198135 · Source: CRMLS
Listing Agent: Maggie Ly · Listing Office: Re/Max Premier Prop SanMarino · Contact: 626-203-9344 · Bought with: Maggie Ly · Re/Max Premier Prop SanMarino
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