FOR SALE0.7 ACRES
Listed by Han Chen, Growth Investment Group Pasade, (626) 594-4900
1132 W Duarte Rd
Arcadia, CA 91007
44 Beds
30 Baths
19,432 sqft (on 0.70 acres)
- 44 Beds
- 30 Baths
- 19,432 sqft (on 0.70 acres)
44 Beds
30 Baths
19,432 sqft
(on 0.70 acres)
Local Information
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Commute Destination
Description
Priced at 4.07% CAP Rate and Low Price/SF for the area, A Pride-of-Ownership value-add investment opportunity in the highly sought-after city of Arcadia (NO Local Rent Control). Offered at a high CAP Rate and Proforma CAP Rate close to 6%, this property is being offered for sale for the first time since 1986. The property is a garden style pride-of-ownership 2-story property with an excellent unit mix of mostly oversized 3bedrooms units and several large 1bedroom units. It is located within the highly desirable Temple City School District and surrounded by many newer townhouses and condominiums and offers an excellent demographics of ±$123,449 average household income within a mile radius! Tenants enjoy its proximity to Santa Anita Mall and Santa Anita Park and its walking distance to school, shopping, groceries, and other amenities both Arcadia and Temple City have to offer. The property has a total of 19,432 SF building size which translates to ±971sf average unit size, is situated on a large 30,379 square feet lot (R3 zoned) and was built in 1962. It has been very well maintained without any known deferred maintenance; it has a brand-new roof (replaced in 2021), well-manicured landscaping, fenced swimming pool, and security cameras system. It offers an excellent unit mix of ten (10) x 3bedroom+2bathroom, two (2) x 3bedroom+1bathroom, and eight (8) x large 1bedroom+1bathroom units. Each unit is large and bright with central heating, windows A/C, and ceiling fans. Some units have upgraded kitchen and upgraded bathroom. Four units have private patio, and two units have small private backyard. The property is separately metered for electricity and gas, has a master water heater, and shared laundry room (leased). There is a total of 30 parking spaces which are provided by 10 open spaces + 13 detached carport spaces + 7 tuck-under parking. There is an additional parking space that has been converted into the owner’s storage room and a 2nd storage room near the laundry area. The large lot provides clear opportunity for future development, condo conversions or for Additional Dwelling Units (ADU).
Home Highlights
Parking
20 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$476
Listed
75 days ago
Home Details for 1132 W Duarte Rd
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 44Number of Bathrooms: 30 |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Disposal, Range, RefrigeratorDisposalLaundry: Common Area,CommunityRefrigerator |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: StandardHas Electric on Property |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
View Has a ViewView: Mountain(s) |
Exterior Features |
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Exterior Home Features Roof: Asbestos ShingleNo Private Pool |
Parking & Garage Number of Carport Spaces: 10Number of Covered Spaces: 10Open Parking Spaces: 20No CarportNo GarageHas Open ParkingParking Spaces: 30Parking: Assigned,Driveway,Asphalt |
Pool Pool: Community |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 75 |
Property Information |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 5382001043 |
Price & Status |
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Price List Price: $9,250,000Price Per Sqft: $476 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Arcadia |
Agent Information |
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Listing Agent Listing ID: AR24030166 |
Building |
|---|
Building Area Building Area: 19432 Square Feet |
Community |
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Community Features: ValleyNot Senior Community |
HOA |
|---|
Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 0.70 acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Electricity, Gas |
Rental |
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No Rent Control |
Miscellaneous |
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Mls Number: AR24030166Attribution Contact: 626-224-2495 |
Additional Information |
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Valley |
Last check for updates: about 24 hours ago
Listing Provided by: Han Chen DRE #01749321, (626) 224-2495
Growth Investment Group Pasade
Originating MLS: California Regional MLS
Source: CRMLS, MLS#AR24030166
Price History for 1132 W Duarte Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/12/2024 | $9,250,000 | Listed For Sale | CRMLS #AR24030166 |
| 12/15/2023 | $9,500,000 | ListingRemoved | CRMLS #AR23206404 |
| 11/06/2023 | $9,500,000 | Listed For Sale | CRMLS #AR23206404 |
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Comparable Sales for 1132 W Duarte Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $6,785,000 | 05/22/23 | 30 | 30 | - | |
0.04 | Multi-Family Home | $2,880,000 | 08/10/23 | 13 | 7 | 4,977 | |
0.51 | Multi-Family Home | $1,970,000 | 08/02/23 | 6 | 5 | 3,888 | |
0.27 | Multi-Family Home | $1,350,000 | 10/09/23 | 4 | - | 2,229 | |
0.82 | Multi-Family Home | $1,700,000 | 03/28/24 | 7 | 4 | 3,123 | |
0.53 | Multi-Family Home | $895,000 | 05/03/23 | 4 | 3 | 1,824 | |
0.45 | Multi-Family Home | $645,500 | 10/16/23 | - | 3,047 | ||
2.36 | Multi-Family Home | $5,800,000 | 01/10/24 | 23 | 30 | 11,592 | |
1.70 | Multi-Family Home | $2,290,000 | 09/07/23 | 9 | 8 | 4,428 |
What Locals Say about Arcadia
- Andrew K.
- Visitor
- 1mo ago
"Nice home but did my due diligence and decide against purchase. Would recommend all buyers do the same"
- Laura.meda.aguilar
- Resident
- 1mo ago
"Holiday festivals like 4th of July fireworks and entertainment. Also the December holiday festival with booths and food trucks "
- Mk2hqv9kfd
- Resident
- 1mo ago
"Loads of traffic that go through traveling between 10 and 210 freeways. Had a car flip in front of my house and then another car crashed into front lawn next door within the same month this year. Would not recommend for walking but driving can also be a hassle because streets are engineered awkwardly. Lots of streets with merging in weird places. Last, id say meth has gotten to be a problem here with the homeless but unfortunately I imagine that is true in many areas."
- Guthriemilinda6
- Prev. Resident
- 2mo ago
"The school district is overall rated in the top 4% for the whole country. And it is a public school with uniforms "
- cristian m.
- Visitor
- 1y ago
"This place look's ok but rent is high. If your looking to rent this place I would wait when they lower the rent. Really high rent prices people aren't going to rent. And landlords at the end dont want their properties just sitting there. So their gonna have to lower the price. "
- Trulia User
- Resident
- 2y ago
"Too many homeless and too little law enforcement. Property crime is on the rise and traffic is getting worse and worse"
- Mminiego
- Resident
- 3y ago
"I lived in this neighborhood for 3 years and I really love living here. It’s safe and close to everything."
- Mminiego
- Resident
- 3y ago
"Safe and quiet neighborhood. Great school district. Not as congested as other LA County cities. Awesome!"
- Mminiego
- Resident
- 3y ago
"I lived in the area for 3 years. Folks are friendly and quiet. It’s safe city and an overall pleasant city to live in."
- Moniquelorenasanchez
- Resident
- 3y ago
"It’s quieter than one might think! It’s peaceful and is a great place to raise a family. school district is great too!"
- Pierrehsu
- Prev. Resident
- 3y ago
"I lived here for many years. Arcadia has pretty much everything one needs. Supermarkets, hospital, mall, movie theater, international restaurants, golf courses, horse race track, good schools, ... etc. "
- 29763624
- Resident
- 3y ago
"Safety is the most important, and school district, neatness, neighbor is friendly. And grocery is near by . Quiet neighborhood "
- Louis P. B.
- Resident
- 3y ago
"Great police protection , their very prompt, and very kind department ! We have great schools , arcadia high school is # 1 among California. We have wonderful athletes that graduate from this school!"
- Fiona J.
- Resident
- 3y ago
"I have to drive, the neighborhood I work in has unsafe public transportation. I trust the goldline though "
- Amanda
- Resident
- 3y ago
"My commute to downtown Alhambra is 15 minutes. The 210 freeways and605 are nearby. There’s also a shopping mall nearby as well. "
- Lind.johnson1128
- Resident
- 4y ago
"Dog owners: many dog lovers in my neighborhood. I think we all keep an eye for our animals. I also think Landlords should not start asking for dog rent when we are trying to improve about adopting pets. "
- Aksarmenta
- Resident
- 4y ago
"I see a lot of dog walkers here and I don’t think there’s nothing that they would not like. It’s quiet, spacious and people are nice and friendly. "
- Adriana
- Resident
- 4y ago
"There is a good variety of dog parks around and many people have dogs. However to walk your dog you must keep them on a leash."
- Carol
- Resident
- 4y ago
"We have many events for children, elders, and middle aged adults! There are many holiday events. One of them is the Halloween maze."
- Diana G.
- Resident
- 4y ago
"Farmers market, closure of streets for events, family friendly , most people are decent and cordial. A lot of great restaurants and bars for night life. It’s also very quiet at night so it’s not disruptive . "
- Cathyl666888
- Resident
- 4y ago
"It’s a safe community and this neighborhood is convenient to commute to downtown or nearby communities."
- Jeanette H. .
- Visitor
- 4y ago
"There are a lot of events at the santa Anita race track and arboretum like 626 night market and light festivals. There are large beautiful old trees, great access to the goldline and city transits "
- Anna
- Resident
- 4y ago
"There is a large park near by, dog lovers here always numb I to dog walkers, groomers in walking distance and a few dog play places & boarding near by"
- Guthriemilinda6
- Prev. Resident
- 4y ago
"Beautiful, green, quite, clean, friendly, good schools, I grew up here!! I wish I could afford to move here and raise my children"
- Debbie C.
- Resident
- 4y ago
"Live Oak gets very hectic during rush hour. I live close to the freeways so it is very convenien I consider my commute very good"
- Robert C.
- Resident
- 4y ago
"sketchy, driver's don't signal, and will regularly cut off pedestrians and bicycles. if you live in the county part of Arcadia (unincorporated) police)fire response is long."
- Brandon8168
- Resident
- 4y ago
"Expensive, but neighborhood are just like a big city and people in big city usually are not friendly "
- Guthriemilinda6
- Prev. Resident
- 4y ago
"Metro is a little walk to get to downtown LA, amazing and safe neighborhood, Always feel safe here. "
- Tonette
- Resident
- 5y ago
"Arcadia is a very safe place for families with kids: good school, nice parks, county- provided services like shuttle and has access to the Metro Gold line"
- Maria5870
- Resident
- 5y ago
"Summer music Festival at the park and Arcadia parade there is also Santa Anita track events often and Christmas contests "
- Canotonette
- Resident
- 5y ago
"Great parks, safe and quiet neighborhood, good schools, close to a lot of shopping destinations and restaurants "
- Maria
- Resident
- 5y ago
"Great place to walk dogs there is nothing negative to say it’s safe at any time of the day or night. Well lighted and friendly people."
- Taryn R.
- Resident
- 5y ago
" My commute is very easy. Use streets to get around and it is usually very stress free and always a nice drive home."
- Mminiego
- Resident
- 5y ago
"You see people walking their dogs all the time but the owners are not consistent in picking up after their dog."
- Eileen W.
- Resident
- 5y ago
"A spectacular regional park is just a few blocks away—dogs love it. There are many quiet tree-lined streets that make it a wonderful spot for dogs."
- Maggie
- Resident
- 5y ago
"walk to supermarket, school, fitness, restaurants, work and park, liberary, nice neighbors, safe, entertainment"
- Chtungbrian
- Visitor
- 5y ago
"Public park and exhibition showing the arts paints handcrafts and so on, cleanses on the street and access to the grocery stores and restaurants "
- Maggie
- Resident
- 5y ago
"very good place to live and people here very nice and convenient and comfortable. interesting event. delicious restaurants and market."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Han Chen, Growth Investment Group Pasade
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1132 W Duarte Rd, Arcadia, CA 91007 is a 44 bedroom, 30 bathroom, 19,432 sqft multi-family built in 1962. This property is currently available for sale and was listed by CRMLS on Feb 12, 2024. The MLS # for this home is MLS# AR24030166.