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Listed by Gary G Wat • Keller Williams Realty
$ 1,888,000
Est. payment /mo
Active
125 East Saint Joseph Street Arcadia, CA 91006
2,940 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $642
MLS Listing ID OC-25035415
Year Built 1948
Lot Size 7,998 Sqft
Property Sub-Type Apartment
Property Description
Welcome to 125 E. Saint Joseph, Arcadia, CA, a well-maintained 6-unit multi-family property in a high-demand rental market. Each unit is spacious and thoughtfully designed, offering long-term tenant stability and strong income potential. With significant upside in rental income, this property presents an excellent value-add investment opportunity. The property has been well-maintained, with major capital improvements completed, ensuring lower maintenance costs for the future. Total Gross Income: $9500/month (current) Pro Forma: $12,600/month @ $2,100 for each unit Unit Renovations: Kitchen & Bathroom Remodels: Unit A - 2022 Unit B - 2023 Unit C - 2023 Unit E - 2020 Unit F - 2020 Unit D - Not yet renovated (value-add opportunity!) Exterior Painting (2010) - Durable paint for low maintenance New Washer & Dryer (2024) - Additional income opportunity Plumbing Upgrades (2023-2024) - Gas and water supply lines replaced for reliability Roof Replacement (2010) - High-quality 40-year shingles installed Garage Door Replacements (2019) - Upgraded for tenant convenience
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARM1*
Interior
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage Faces Rear
Garage Spaces 4.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Connected, Electricity Connected
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944