Overview
Arcadia Quadplex Investment Opportunity
This four-unit quadplex is located in Arcadia, offering a strong cash flow investment with potential for additional rental income. The property is situated in a peaceful neighborhood and desirable location, across from Arcadia High School, First Ave Middle School, the Public Library, Santa Anita Park and Golf Course, and near the Mall, Race Track, and Arboretum. A new roof was installed in 2019, and a new water heater in 2024. All units feature spacious bedrooms and recent upgrades. Unit 1 is a one-story unit with approximately 1,400 square feet, featuring three bedrooms and two bathrooms. It includes a private front and side yard. Upgrades in 2018 included a new kitchen with granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint, and laminate wood flooring/baseboard. The master suite has a walk-in closet and full bath. Unit 2 is a two-story unit with approximately 1,200 square feet, featuring two bedrooms, one and a half bathrooms, and a large backyard, with laminate wood flooring on the first floor and carpet on the second floor. Unit 3 is a two-story unit with approximately 1,450 square feet, featuring three bedrooms, two bathrooms, and a balcony. It has an open floorplan connecting the living room, dining room, and kitchen. The master suite includes a walk-in closet, an additional side closet, and a full bath, along with a private garage. Unit 4 is a two-story unit with approximately 1,400 square feet, featuring two bedrooms, two bathrooms, and a balcony. New wood flooring was installed in December 2024. It has a great room layout combining dining and living areas with large bedrooms. The master suite includes a full bath and closet. The total property size is approximately 5,848 square feet on a lot of approximately 7,968 square feet. There is additional laundry income from a closed-off laundry room. Each tenant pays their own electric and gas meters, with one common area meter for each utility paid by the owner, totaling five electric and five gas meters. Tenants pay for gas for cooking, while the owner pays for gas for the water heater. There is one water meter, which the owner pays. Parking includes six carport spaces, one private garage, and one open parking space, totaling eight parking spaces.
