Duplex with Separate
For Sale
$1,790,000
3034 3036 S 8th Ave, Arcadia, CA 91006
Two remodeled residences offer distinct utility metering, solar panels, and shared off-street parking.
Property Size3,142 SF
Lot Size0.21 Acres
Days on Market49
Property Features for 3034 3036 S 8th Ave
General Information
Standard status
Active
Size
3,142 SF
Lot size
0.21 Acres
Property subtype
Investment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
5BR/2BA, 4BR/2BA
Multifamily Units
2
Amenities
Solar Panels
Building Details
Building Size
3,142 SF
Year Built
1950
Buildings
2
Stories
1
Units
2
Listing Agency:
COLDWELL BANKER GEORGE REALTY
Listed By:
CINDY PHAN · License #01880191
(626) 289-6660
Source:
Elliman
Added: Sep 2
Changed: Oct 9
Last Checked: Oct 19 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER GEORGE REALTY
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Investment Insights
Based on property information with market context.
This duplex property includes two separate residences on a 9,348-square-foot lot. The primary home contains 5 bedrooms, 2 bathrooms, and 1,943 square feet; it was built in 1950 and remodeled in 2022. A separate ADU constructed in 2022 adds 4 bedrooms, 2 bathrooms, and 1,199 square feet.
Each residence has separate gas, water, and electric meters. The property also features a wide, elongated concrete driveway with ample parking and solar panels. Combined, the residences provide 9 bedrooms and 4 bathrooms, creating a flexible configuration for rental use or extended-family living.
Each residence has separate gas, water, and electric meters. The property also features a wide, elongated concrete driveway with ample parking and solar panels. Combined, the residences provide 9 bedrooms and 4 bathrooms, creating a flexible configuration for rental use or extended-family living.
Key Highlights
- Two separate residences totaling 9 bedrooms and 4 bathrooms
- Primary home: 5 bedrooms, 2 bathrooms, and 1,943 sq. ft.
- Separate ADU: 4 bedrooms, 2 bathrooms, and 1,199 sq. ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,871
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,420
$1.1M
Cap Rate 7%
$783,871
$783.9K
Cap Rate 9%
$609,678
$609.7K
Market Conditions
NOI Build-Up for 3,142 SF
Gross rent
$84.8K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$78.4K $24.95/SF
− OpEx
−$23.5K −$7.48/SF
NOI
$54.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,420
Cap Rate 7%
$783,871
Cap Rate 9%
$609,678
Alternative Uses
Best Use
Multifamily LT 5
$783.9K
$685.9K – $914.5K
NOI $54,871 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$722.2K
$632.0K – $842.6K
NOI $50,557 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,755 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
Demographics for 91006, CA
31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled residences offer distinct utility metering, solar panels, and shared off-street parking.
Where is this duplex located?
The property is located at 3034 3036 S 8th Ave Arcadia, CA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Two separate residences totaling 9 bedrooms and 4 bathrooms; Primary home: 5 bedrooms, 2 bathrooms, and 1,943 sq. ft.; Separate ADU: 4 bedrooms, 2 bathrooms, and 1,199 sq. ft.
