Listing Agent: Raymond Wu      Broker/Office: Keller Williams Los Angeles
720 3rd Avenue S Arcadia CA 91006
$ 2,280,000
  8   |    5   |    3167 Sq Feet

Listing ID

#26853293

Status

Active

Property Type

Single Family Residence

Property Style

Spanish

County

Los Angeles

Year Built

1930

Days on website

11

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.
Location
Financial Information
List Price:  $ 2280000
Property Features
Appliances:  Dishwasher, Disposal, Dryer, Refrigerator, Washer
Flooring:  Vinyl
Furnished:  Unfurnished
Heating:  Central
Levels:  One
Parking Features:  Assigned, Driveway
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  605 - Arcadia
City:  Arcadia
Listed By:   Raymond Wu   Keller Williams Los Angeles 
CA Lic#