Properties

Arcadia, CA 91006 135 Diamond Street

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Presented By: Clinton Cheung with Coldwell Banker Dynasty T.C.; 626-623-2325
  • MLS# AR24212685
  • 10/16/2024
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  • Baths • 2
  • SQFT • 5,848
  • Garage • 1

Home Details

4-unit Quadruplex in the heart of Arcadia within a peaceful neighborhood and highly desirable location. Strong cash flow investment and great potential for additional rental income. Great investment opportunity right across from the award winning Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course, and nearby the Mall, Race Track, and Arboretum. The property features a new roof built in 2019 and new water heater in 2024. All units enjoy spacious bedrooms and recent upgrades. Unit 1 is 1-story approx. 1,400 rsf with 3 bed, 2 bath. Includes its own private large front yard and side yard for enjoyment. Upgraded in 2018 with a new kitchen, granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint and laminate wood flooring/baseboard throughout the unit. The master suite features its own walk in closet and full bath. Unit 2 is 2-story approx. 1,200 rsf with 2 bed, 1.5 bath and its own large backyard. Laminate wood flooring first floor and carpet second floor. Unit 3 is 2-story approx. 1,450 rsf with 3 bed, 2 bath and its own balcony. With a wide and open floorplan connecting the living room, dining room, and kitchen, it is a favorite for those with a vision. Enjoy breakfast on the covered balcony or the nook next to the kitchen. The master suite boasts a walk in closet and an additional side closet to go along with a full bath. It includes its own private garage. Unit 4 is 2-story approx. 1,400 rsf with 2 bed, 2 bath and its own balcony ideal for a breakfast nook. Brand new wood flooring Dec 2024 throughout the unit. A spacious great room layout combining dining and living with large bedrooms. The master suite features its own full bath and closet. Total approx. 5,848 sq ft, Lot size approx. 7,968 sq ft. There is additional laundry income from the closed off laundry room. Each tenant pays their own electric meter and there's one common area electric meter that Owner pays. 5 electric meters total. Each tenant pays their own gas meter and one common area meter. 5 gas meters total. Tenant pays gas for cooking. Owner pays gas for water heater. One water meter that Owner pays. 6 Carport spaces, 1 private garage, and 1 open parking space. 8 total parking spaces.
Presented By: Clinton Cheung with Coldwell Banker Dynasty T.C.; 626-623-2325

Interior Features for 135 Diamond Street

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
FlooringLaminate
Interior AmenitiesBalcony, Ceiling Fan(s), Granite Counters, Primary Suite, Walk-In Closet(s)
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 135 Diamond Street

Additional Parcels Y/NNo
AppliancesDishwasher, Gas Cooktop, Gas Oven, Water Heater
Building Area UnitsSquare Feet
Carport Spaces6
Carport Y/NYes
CityArcadia
Community FeaturesBiking, Golf, Park, Street Lights, Sidewalks
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsFront and Rear Access
DisclosuresFamilial Relation
Electric Expense425
Entry LocationFront
Fuel Expense1575
Garage Spaces1
Garage Y/NYes
Gross Income132000
HOANo
HOA Fee$
Insurance Expense2800
Land Lease Y/NNo
LevelsTwo
Listing TermsConventional, 1031 Exchange
Lot Size Square Feet7968
Lot Size UnitsSquare Feet
MLS Area605 - Arcadia
Net Operating Income99450
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces1
Operating Expense32550
Pool FeaturesNone
PostalCityARCADIA
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot9
Tenant PaysElectricity, Gas
Total Actual Rent126960
Trash Expense1775
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewMountain(s), Trees/Woods
Water Sewer Expense1375
Year Built1966
Year Built SourcePublic Records
ZoningARR3YY

Exterior for 135 Diamond Street

Building Area Total5848
FencingBrick
Lot FeaturesFront Yard, Rectangular Lot, Street Level, Value In Land, Walkstreet
Lot Size Acres0.1829
Lot Size Area7968
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,498,000
MLS#AR24212685
List Date 10/16/2024
Property Type Multi-Family
Phone 888.795.6274
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