Realty Investment Advisors is pleased to present 841 & 845 Arcadia Avenue, an exceptional 15-unit property located in prime Arcadia. Situated on a huge 37,444 square foot lot zoned R3, this property boasts an impressive 139 feet of street frontage, presenting an unparalleled opportunity for redevelopment.
Under the care of a long-term owner, this property is now available for the first time in over 40 years, making it a rare find in today’s market. Its proximity to essential amenities adds to its appeal, with just blocks away from 99 Ranch Market, Vons, and the bustling Arcadia Hub Shopping Center.
Comprising two APN numbers, 841 Arcadia features 7 existing units, while 845 Arcadia offers 8 existing units. Among these units is a spacious 3 bedroom, 2 bath “Owner’s Unit,” providing comfortable living accommodations for an owner/user or family member. The remaining units consist of (8) two-bedroom two bath units, (4) two-bedroom one bath units and (2) one-bedroom one bath units.
Whether you’re an investor seeking a lucrative development project or looking to capitalize on Arcadia’s thriving real estate market, this property offers the perfect blend of location, size, and potential. Don’t miss your chance to be part of this extraordinary investment opportunity.
Business + Real Estate: $7,950,000 Building Size: ~ 8,000 SF Lot Size: 26,485 SF Pumps: 6 MPDs Gasoline (monthly average): 45k / gallons / month ($0.50-$0.60 margin) Market (monthly average): $30k / month (excluding lotto) Mechanic Shop: multiple bays, will be delivered vacant (ideal for owner-user or new tenant)
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