Real Estate by Nick Abbadessa
Nick Abbadessa
909-292-7888909-292-7888

601 Windsor Road, Arcadia, CA 91007 (MLS # CV18103230)

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PRICE $1,999,800
BEDS n/a
BATHS 0 baths
HOME SIZE 4,388 sq ft
LOT SIZE 7,566 sqft

EXTREMELY WELL MAINTAINED 5 UNIT APARTMENT COMPLEX IN A PRIME ARCADIA LOCALE. Current rents are all below market leaving tremendous upside for a new owner who has owned the building since 1984. The total gross income annually is currently at $89,430 and the potential with rent increases is $100,800 which would offer a 5% CAP rate. The numbers include profit on the leased laundry which is only calculated at $40 per month, additional units could be added. All units have been remodeled throughout including new flooring, crown and base moldings, updated kitchens, remodeled bathrooms and more. The buildings exterior is in excellent condition offering a brick skirting around the front, new dual paned windows, shutters, rain gutters, exterior lighting, a newer roof and manicured with professionally landscaped grounds. Five covered parking spots, each with personal storage spaces in front of the units and 3 uncovered parking spaces. Interior photos of the units are shown in the photo slideshow.

DAYS ON MARKET 74 LAST UPDATED 7/11/2018
YEAR BUILT 1962 COMMUNITY Arcadia
COUNTY Los Angeles TOTAL PARKING 5
STATUS Active PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to May 22, '18 $2,500,000
May 22, '18 - May 29, '18 $2,299,800
May 29, '18 - Jul 1, '18 $2,199,800
Jul 1, '18 - Jul 11, '18 $2,099,800
Jul 11, '18 - Today $1,999,800


ADDITIONAL DETAILS
APPLIANCES Garbage Disposal
BUILDINGAREAUNITS Square Feet
CARPORTSPACES 5.00
COMMONWALLS 2+ common walls
COMMUNITYFEATURES Curbs, Sidewalks
COOLING Wall Window
ELEVATIONUNITS Feet
FENCING Block
FIREPLACEFEATURES Family Room
FLOORING Laminate, Tile
FOUNDATIONDETAILS Slab
GARAGESPACES 0.00
HEATING Wall Heater
LANDLEASEYN 0
LAUNDRYEQUIPMENTOWNLEASE Lease
LAUNDRYFEATURES Community, Individual Room
LEVELS Two
LISTAGENTSTATELICENSE 01398872
LOTFEATURES Front Yard, Landscaped, Lawn
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 605 - Arcadia
PARKINGFEATURES Assigned, Carport Attached
POOLFEATURES None
PREVIOUSSTANDARDSTATUS Active Under Contract
PRICEPERSQUAREFOOT 455.74
PROPERTYCONDITION Turnkey, Updated/Remodeled
PROPERTYSUBTYPE Apartment
PROPERTYTYPE Residential Income
ROADFRONTAGETYPE City Street
ROOF Composition
SPECIALLISTINGCONDITIONS Standard
UTILITIES Sewer Connected, Water Connected
VIEW Neighborhood
WATERSOURCE Public
WINDOWFEATURES Double Pane Windows

ZESTIMATE
601 Windsor Road, Arcadia, CA

RENT ZESTIMATE
$ / mo.  601 Windsor Road, Arcadia, CA

60 Somewhat Walkable

SATELLITE VIEW



 
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Listing provided by : NICK ABBADESSA License # 01398872, RE/MAX MASTERS REALTY

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 7/15/18 8:00 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

By Nick Abbadessa

About Nick Abbadessa

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Nick Abbadessa

Realtor, BA, Cert. Luxury Home Specialist

nick@soldbynick.com

626-269-2751626-269-2751 main

RE/MAX Masters Realty

1030 Bonita Ave. La Verne, CA 91750 | BRE#01398872 |Office BRE#01064901

Reviews

5deancc78

Nick's overall ability to identify what his client is looking for in his/her home is second to none. He is very knowledgeable in all aspects of the home buying/selling process. If you’re looking for a real estate agent that is honest, knowledgeable, and... (more)

5ANaka

Nick is a plethora of knowledge when it comes to real estate. He is a very good communicator and always keep you in the loop. He is also very proactive and on top of things. He knows how to accommodate your needs and doesn't waste your time showing you... (more)

5jeff_ims

Nick patiently worked with us two months until we found just the right home to buy. When it came time to make an offer it was then that his deftness and wisdom made themselves apparent. Real estate transactions involve lots of detail, lots of money, and... (more)

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