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Listed by Gary Wat • Keller Williams Realty
$ 1,888,000
Est. payment | /mo
2,940 SqFt
$ 1,888,000
Est. payment | /mo
2,940 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $642
MLS Listing ID CROC25035415
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1948
Lot Size 7,998 Sqft
Property Sub-Type Other
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
Interior
Fireplace No
Laundry Other
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227