720 S 3rd Ave, Arcadia, CA 91006

$2,280,000
8
BD
5
BA
3,167
SqFt

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List Price
$2,280,000
Price Change
▲ $30,000 1783207165
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

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

Other Buildings
None
Pool Description
None
Heat
Central
Cooling
Central
View
Mountains
Number of Cars in Garage
Assigned, Driveway

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Calculator source: Real Geeks

Courtesy of Keller Williams Los Angeles, Raymond Wu - CA DRE#02019741

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