4257 Live Oak Ave Arcadia, CA 91006
- Retail space
- 3,080 SF
- 0.29 lot acres
Jan 18, 2025
Current Use by Public Records
- C & D Mounding Inc / Building Materials Supplier
Property Details for 4257 Live Oak Ave
- Year built
- 1960
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property size
- 3,080 SF
- Zone code
- LCC3VV
- Property type
- Retail space
- APN
- 8511-028-013
- APU
- 8511028013
Description
This exceptional 3,080 square foot retail property, situated on a 0.29-acre lot at 4257 Live Oak Avenue in Arcadia, California, presents a unique investment opportunity. Currently configured for retail use, the property's zoning allows for a diverse range of possibilities. Its adaptability extends to office or warehouse space, offering immediate income potential for savvy investors. However, the true potential lies in its redevelopment possibilities. The property is compliant with H30 land use policy, making it suitable for conversion into a multi-family residential complex. Plans could include up to nine units, potentially configured as apartments, condominiums, or townhouses. This presents a significant opportunity to capitalize on the strong demand for housing in the desirable Arcadia market. Prospective buyers are encouraged to independently verify zoning and land use regulations with the County and City to fully explore the development potential. The asking price of $1,300,000 reflects the property's prime location, versatile zoning, and substantial redevelopment potential. This is a rare chance to acquire a property with significant upside in a highly sought-after area. Don't miss this opportunity to secure a valuable asset with a bright future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Los Angeles
- State
- California
- Longitude
- -118.01
- Latitude
- 34.1108
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
