521-523 E Live Oak Avenue, Arcadia, CA 91006
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
521-523 E Live Oak Avenue,Arcadia, CA 91006
$6,840,000
- - Beds
- - Baths
- 10,108 sq. ft.
- Multi-family
- Active
Listed by: handoko chen
Office: growth investment group pasade626-594-4900
MLS#:AR26041165
Source:CRMLS
Price summary
- Price:$6,840,000
- Price per sq. ft.:$676.69
About this home
ARCADIA TURNKEY 15-units (2 BRAND NEW ADUs), Arcadia School District, NO Local Rent Control, Attractive 5% CAP Rate, Extremely High Barriers to Entry Submarket., Brand New Electrical Panels and Subpanels, next to newer Townhouse and nearby many new SFR developments (by Brookfield Residential, KB Homes, Olson Homes, etc.).
LIVE OAK ARCADIA, a 15-unit TURNKEY Luxury Mid-Century modern garden style apartment in the highly desirable City of Arcadia, CA. There is NO LOCAL rent control in Arcadia which allows maximum rent increase of 5% + CPI per AB1482 (maximum 10% rent increase). This property is located within the prestigious Arcadia School District and surrounded by SFRs neighborhood with many newer townhomes/SFR developments (Lennar, KB Homes, Brookfield Residential, Olson Homes, etc.). It has FANTASTIC demographics of ±$149,028 average household income within a-mile radius. Offered at much higher CAP Rate compared to other competing multifamily in Arcadia, this offering provides an excellent opportunity to buy a stabilized asset in one of the most desirable submarkets in San Gabriel Valley.
521-523 LIVE OAK is an attractive two-story garden style gated community that was built in 1960 and renovated in 2022-2024. Two (2) of the units are brand new ADUS that were completed in 2026. It is situated on a LARGE lot of ±17,977 SF and offers excellent curb appeal with manicured landscaping, complete with large front yard and back yard with seating area. The property has undergone a massive renovation in 2022-2024 which includes: all units upgraded, updated rough mechanical + electrical + and plumbing system (main line is not updated), new drought-tolerant landscaping, new secured entrance and new parking gate, new property façade and signage, new exterior painting, new HVAC and exhaust systems, roof was not upgraded (in excellent condition) and much more. It has excellent curb appeal with mature trees in the front and a secured entrance.
The property offers an excellent unit mix of SIX (6) x 2bedroom+1bathroom and nine (9) x 1bedroom+1bathroom. Each unit is spacious with an excellent floor plan, and each has been completely upgraded from top to bottom with attention to detail....
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Home facts
- Year built:1960
- Listing ID #:AR26041165
- Added:102 day(s) ago
- Updated:June 07, 2026 at 10:39 AM
Rooms and interior
- Flooring:Wood
- Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
- Living area:10,108 sq. ft.
Heating and cooling
- Cooling:Ductless Air
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:10,108 sq. ft.
- Lot area:0.41 Acres
- Lot Features:Landscaped, Lawn, Level with Street, Near Public Transit, Rectangular Lot, Street Level, Value In Land
- Architectural Style:Mid Century Modern
- Construction Materials:Drywall, Stucco
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$6,840,000
- Price per sq. ft.:$676.69
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:High Efficiency Water Heater, Open Floor Plan, Quartz Counters, Water Heater
Parking
- Total parking spaces:17
- Parking description:16 Carport Space(s), Assigned
- Carport spaces:16
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