The property consists of 62 units within4 two-story residential buildings that face an interior courtyard with a sparkling blue pool. The concrete block and stucco construction was built in 1974 but has been through several cycles of renovation, the last being in 2012-13 which included a remodel of pool including bringing up to new codes, new roof, parking lot resurfacing, new chiller compressors, as well as a majority of the units remodeled. The property has laundry facilities, as well as a nice common area. Please drive by only and do not disturb tenants.
Here is a one of a kind Al Beadle designed property that is truly a diamond in the rough. This 1967 Beadle project is named the Meier Triplex, which consists of a standalone 3 bedroom home and a triplex (2 duplexes & a studio). The two living spaces are conjoined by typical Al Beadle-esque architecture and property has its own swimming pool. Each unit is individually SRP metered with its own laundry and it's rare to have a vacancy. This property is ready to have its charm brought back to life and be restored to its full potential. Here is a great investment opportunity for this solid complex. Buyer to verify all facts & figures in the MLS.
Age: 41-50 Years Old
Appliances: Dishwasher, Oven, Refrigerator
Architecture Style: Other
Cooling System: Heat Pumps
Exterior Type: Stucco
Floor Covering: Carpet, Tile - Ceramic
Heating Fuel: Electric, Natural Gas
Heating System: Heat Pump
Parking Type: Assigned, Carport, Paved or Surfaced
CASH FLOW 9 UNITS. CAP RATE of about 7% on these recently remodeled 9 condo units in the HOT ARCADIA Rental Corridor! HOME WARRANTIES with HVAC INCLUDED ON EACH UNIT! According to Seller, New Owner can add on and build up to 30 feet high. Walk to stores and restaurants and just a couple of miles from the BILTMORE CORRIDOR! Do not wait on these or they will be gone! NO LOI's...purchase contracts only. 100%RENTED...drive-by only. Taxes shown include TOTAL FOR ALL 9 UNITS. CC&R's In Document Tab. HOA Self-Managed.
RARE OPPORUNITY to purchase a pristine 4-Plex in the heart of the BOOMING ARCADIA AREA! The main home has (2) bedrooms w/(2) baths and the remaining (3) units have (2) bedrooms w/(1) bath each! Amenities: Covered carport parking, on-site coin-op laundry, separate storage areas for each unit, refrigerators & range/ovens in each unit, all electric - individually metered, Large grounds and courtyard area! A beautifully quiet neighborhood in a fantastic location with great Tenants! ***PLEASE DO NOT DISTURB TENANTS***
Biltmore - Arcadia area with room for everyone. This property has so much to offer. There is a single-level 3bd/2 ba home (approx 1,350sf) with a2 car garage & private exterior laundry room & yard. Attached to the home is a 2bd/2ba townhouse-style guesthouse (approx 900sf) with its own enclosed yard. If that is not enough, there is a bonus detached duplex behind the home with individually metered 1bedroom 1 bath units, each (approx 600sf) with their own small yard and a cash-generating laundryroom. Ample covered parking is available also.
Custom 4-plex in Biltmore/Arcadia area. Rent all of the units or live in one and rent the other units! Unit #1: 2 bed, 2 bath, 1500+ sq ft, huge dining room, washer/dryer. Unit #2: 2 bed, 2 bath, 1200+ sq ft, huge rooms, washer/dryer. Unit #3: 1 bed, 1 bath, 575 sq ft. Unit #4: Studio with full kitchen and bath, 360 sq ft. Amenities: Covered carport parking, On-site laundry, Separate storage areas for each unit, Refrigerators in each unit, Gas & electric - individually metered, Water & Wifi included in rent, Private patio areas for each unit, Large grounds, Quiet & beautiful neighborhood & Great location! Please Do Not Disturb Tenants.
Age: Over 50 Years Old
Amenities: Patio, Security System, Security System
Clean & crisp income-generating fourplex in convenient Camelback East location features 2 two-bedrooms with coveted second bathroom, plus 2 airy and spacious one-bedrooms (one with a rear-facing balcony). Energy-efficient dual-pane replacement windows throughout, renovated bathrooms with high-end tile and rejuvenated kitchens (all counters are granite). Walk-in pantries. Covered parking. Grounds feature easy-care landscaping. Foam roof recoated in 2014. Newer heat pumps. Owner's storage room. Laundry in adjacent buildings for tenants for convenience. Near many amenities and public transportation options. Low taxes.
Excellent Condition and Fully Occupied! This 4 unit multi family property is located at 38th St and Thomas--close to shopping, bus routes, light rail, and freeways. There are 4 one bedroom units. Units are individually metered for electricity and gas! Fully occupied for maximum cash flow! Long term tenants and home warranty transfers to buyer!