720 S 3rd Avenue, Arcadia, CA 91006
- $2,280,000
- 8
- BD
- 5
- BA
- 3,167
- SqFt
Listing courtesy of Listing Agent: Raymond Wu (raymondwuestate@gmail.com) from Listing Office: Keller Williams Los Angeles.
- List Price
- $2,280,000
- Price Change
- ▲ $30,000 1783207784
- Status
- Active
- MLS#
- 26853293
- Year Built
- 1930
- Bedrooms
- 8
- Bathrooms
- 5
- Living Sq. Ft
- 3,167
- Lot Size
- 9,000
- Days on Market
- 28
- Property Type
- Single Family Residential
- Style
- Spanish
- Stories
- One Level
Property Description
Rare income-producing opportunity in the highly desirable Arcadia School District! This well-maintained triplex offers exceptional flexibility for investors and owner-occupants alike.The front residence features 3 bedrooms and 3 bathrooms and has been beautifully renovated with modern finishes and thoughtful updates. Attached to the front home is a newer 1-bedroom, 1-bath ADU, ideal for extended family, guests, or additional rental income. Both the front home and the attached ADU will be delivered vacant at the close of escrow, allowing the new owner the flexibility to occupy one or both units or lease them at current market rents.The detached rear unit offers 4 bedrooms and 2 bathrooms and is currently tenant occupied generating roughly $4,050 a month, providing immediate, stable rental income from day one. With attractive curb appeal, pride of ownership throughout, and a prime location near award-winning Arcadia schools, shopping, dining, parks, and convenient transportation, this is a rare opportunity to own a versatile multi-unit property in one of Arcadia's most sought-after neighborhoods. Whether you're looking to maximize rental income, accommodate multi-generational living, or build long-term wealth, this exceptional property offers endless possibilities.
Additional Information
- Appliances
- Dishwasher, Disposal, Refrigerator, Dryer, Washer
- Pool Description
- None
- Cooling
- Yes
- View
- Mountain(s)
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.