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    503 Fairview Ave

    Arcadia, CA 91007
    • $3,895,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 21-696192
    UPDATED: 62 min ago
    $3,895,000
    • 16
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,288
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    LARGE CORNER LOT WITH OVERSIZED UNITS; ZERO SOFT-STORY. 503 Fairview Avenue offers an excellent unit mix of all two-bedroom/two-bathroom units, units are generously sized with an average unit size of 1,286 SF. Unit amenities include hardwood floors, wall units for cooling, radiant heat, ceiling fans, electric stoves, dishwashers, ample closet and storage space, and private patios or balconies. Four units have fireplaces on a master metered gas line that also services the dryer in the laundry room. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-05T06:43:24.017. 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.
    www.jelmbergteam.com/homes/114426443
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    503 Fairview Ave Arcadia, CA 91007

    • Price: $3,895,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 21-696192
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    10,288
    SQFT
    $379
    $/SQFT
    1962
    Built
    Neighborhood:
    Arcadia
    County:
    Los Angeles
    Area:
    Arcadia
    Property Description
    LARGE CORNER LOT WITH OVERSIZED UNITS; ZERO SOFT-STORY. 503 Fairview Avenue offers an excellent unit mix of all two-bedroom/two-bathroom units, units are generously sized with an average unit size of 1,286 SF. Unit amenities include hardwood floors, wall units for cooling, radiant heat, ceiling fans, electric stoves, dishwashers, ample closet and storage space, and private patios or balconies. Four units have fireplaces on a master metered gas line that also services the dryer in the laundry room. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS.
    Exterior Features

    Exterior Construction StuccoWood Siding Lot Location Corner Lot Lot Size Area 19391 Other Structures None Parking Garage UncoveredCarport Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 13

    Interior Features

    Baths Total 16.00 Cooking Appliances Electric Cooling Wall Unit(S) Equipment DishwasherCeiling Fan Flooring Hardwood Heating Radiant Laundry Community Laundry Equipment Own

    Property Features

    Electric Expense 480.00 Gardener Expense 1800.00 Gross Income 207540 Gross Operating Income 201314 Insurance Expense 3601.00 Like Units1 8 Maintenance Expense 5200.00 Net Operating Income 128097.00 Number Of Buildings 1 Number Of Units 8 Owner Pays ElectricityGardenerOtherGas Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Tenant Pays Electricity Total Annual Expense 73217 Trash Expense 1980.00 Type Of Units Multifamily Water Expense 3000.00 Year Built Source Assessor Zoning R3

    Listing provided courtesy of Priscilla Nee DRE#01435254 of Cb Richard Ellis, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-05T06:43:24.017. 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.
     
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