Monday, May 19, 2008

Arcadia Residential Income Property 3 Units $739,000

Yr Built: 1950
SqFt: 2,108
Lot SqFt: 7,497

Description: Triplex in desirable location! Front unit has a 2 bedroom, 1 bath, Rent $1,595. Large kitchen & dining area, living room & front yard. The 2 units in the back have 1 bedroom, 1 bath each w/kitchens & dining area, rent $1,295 & $1,195. Al 3 units have their own laundry room with laundry hookups. 4 car enclosed garage is at the back of the property. All units have window air conditioners and fan lights too.

Gross Sched Income: $49,020
Net Oper Income: $43,120
Operating Expense$/%: $5,900

Sprte Elctrc Mtrs: 3
Gas Meters: 3
Water Meters: 1


Arcadia Residential Income Property 6 Units $1,188,000

Yr Built: 1957
SqFt: 3,264
Lot SqFt: 14,736

Units: 6
Bldngs: 2

Tenant Pays: Cable TV, Electricity, Gas
Description: Great pride of ownership units on a cul-de-sac of similar properties. All single level units, 2 up and 4 down. Coin-op laundry. Well set back from the street with a large expanse of lawn. 10 off street parking spaces with 6 covered at the rear of property. Two units totally redone, including carpet and flooring, when recently vacant. All units currently rented. New roof 3.5 years ago. New main sewer line. All units 1 Bedroom, 1 Bathroom, Rent $895 to $995.
Sellers choice of services.Room to add more units.Please check with city.

Operating Expense$/%: $5,684
Gross Sched Income: $67,020
Net Oper Income: $61,336

Sprte Elctrc Mtrs: 7

Gas Meters: 7
Water Meters: 1





Friday, April 11, 2008

Arcadia Residential Income ( 2 Units ) $999,000





Year Built: 1947

Sqft: 21,364

Separate Water Meters: 1
Separate Gas Meters: 2
Separate Electrical Meters: 2

Property Description: GREAT OPPORTUNITY!! HUGE 21364 SQ FT LEVEL LOT IN PRIME AREA OF ARCADIA & ARCADIA SCHOOL DISTRICT. TEAR DOWN AND BUILD YOUR DREAM HOUSE OR RENOVATE THESE TWO BEAUTIFUL HOMES ON A HUGE LOT. EACH OF THE EXISTING HOMES HAVE 2 BEDROOMS AND 1 BATH WITH THEIR OWN KITCHEN AND LIVING ROOM. FRONT UNIT HAS AN ADDITIONAL FAMILY ROOM W/ REMODELED GRANITE COUNTER KITCHEN. 2 CAR GARAGE/WORKSHOP & LONG DRIVE WAY FOR RV PARKING OR MANY CARS. PROPERTY HAS 2 SEPARATE STREET ADDRESSES.



Sunday, April 6, 2008

Arcadia 2 Units Residential Income Property

List Price: $848,000

Year Built: 1942
Sqft: 2,030

Gross Schedule Income: $31,200
Operating Expense: $6,000
Net Operating Income: $25,200
Total Annual Operating Exp: $6,000
Separate Water Meters: 1
Separate Gas Meters: 2
Separate Electrical Meters: 2

Property Description: GREAT INVESTMENT FOR TWO FAMILIES OR AS AN INCOME PROPERTY. HUGE LOT WITH 14900SF IN A VERY QUITE NEIGHBORHOOD WITH ARCADIA SCHOOL DISTRICT. EXCELLENT AREA WITH BEAUTIFUL NEWLY BUILT LARGE HOMES AROUND THE AREA. FRONT HOUSE HAS 2 BEDROOMS, ONE BATH. BACK HOME HAS ONE BEDROOM, ONE BATH.