605 WINDSOR RD
Arcadia, CA 91007
Sold for $2,500,000
Beds: 12 Baths: 8 Structure Size: 5,576 sqft Lot Size: 8,110 sqft
| MLS | 18327722 |
| Year Built | 1953 |
| Property Type | Residential Income |
| Property Subtype | MultiFamily |
| County | Los Angeles |
| Status | Sold |
| Sold | $2,500,000 |
| Structure Size | 5,576 sqft |
| Lot Size | 8,110 sqft |
| Beds | 12 |
| Baths | 8 |
Description
Nestled within a prominent community in Arcadia, CA; we are pleased to offer 605 Windsor Road for sale. This property, being as secluded as it is, yet still in a vibrant area of Arcadia, shows amazing potential for increased financial wealth! With the current monthly income of $9,275 increasing to a projected $13,300 there is a significant rise-in-rent probability, showing an estimated cap rate of 4.23% & GRM of 16.13! This is a fantastic opportunity to acquire at a great price! This 8 unit property is situated close to award-winning Arcadia schools, local parks, restaurants, and stores. With easy access to the 210 freeway and major streets close by, commuters will have no issues getting around. This building's rare qualities include central a/c and heat in all units, 8 individual parking spaces, laundry on-site and is within walking distance to Newcastle Park. Arcadia Park and Santa Anita Park are just a 15-minute walk away.
Listing information courtesy of: Razmik Boghossian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 11/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property may have been sold while Agent was with another brokerage, and may have represented the buyer in this transaction.
Location
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DRE #01873088
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