- Summary
- Location
- Amenities
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.
- Prime Arcadia Location
- Future Development Opportunity
- Huge 37,444 Square Foot Lot Zoned R3
- 139 Feet of Street Frontage
- Long Term Owner
- First Time on the Market in Over 40 Years!!!
- Only Blocks from 99 Ranch Market, Vons & Arcadia Hub Shopping Center
- Two APN Numbers (841 Arcadia- 7 existing units & 845 Arcadia- 8 existing units)
- 3 Bedroom 2 Bath “Owner’s Unit”
- Majority Two Bedroom Units
Current Listings
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6 UNITS | MONTEREY PARK
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5 UNITS | HERMOSA BEACH
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5 FULLY RENOVATED UNITS IN PRIME PALMS
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Bellflower Auto Repair (Land + Business), Office and SFR
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LAND | TOPANGA
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5 UNITS + 1 NCU | PLAYA DEL REY
Truly rare Playa Del Rey multifamily Five legal units plus one non-conforming unit Prime coastal Westside beach neighborhood Unique owner user lifestyle opportunity Private rooftop deck with scenic views Thoughtfully updated coastal style residences Diverse unit mix with character Separately metered electricity throughout Gated on site parking included Irreplaceable location near beach and lagoon
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THREE TENANT RETAIL CENTER GLASSELL PARK
Three Tenant Retail Center: Chevron, EZ Stop Liquor, and The Heights Deli & Bottle Shop 2 All tenants have 3-5% annual rent increases 5% in place cap rate Chevron gas station has about 5 years remaining on the lease agreement and fuel supply agreement EZStop Liquor and The Heights Deli both feature renewal options
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