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32 Bonita Street

Arcadia, CA 91006
  • $2,250,000
  • STATUS: Active
  • ON SITE: 374 Days
  • ID#: OC23023438
UPDATED: 74 min ago
$2,250,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Kirby Ellis of Coldwell Banker Realty (949-837-5700) and Gina Strane of ()


Description

Back on the Market and ready for you!! Privately nestled on a spectacular tree lined street in the heart of Arcadia is this Single Story Two bedroom house on a generous sized lot (nearly 8000 square feet) with THREE DETACHED RENTAL UNITS on the back perimeter of the property built above and around a 4.5 Car Garage. Tremendous value in this location & in the city of Arcadia. Currently the house is rented on a month to month at below market rents for the time and the area. The Main house & one of the back one bedroom units were remodeled just a couple years ago (see pictures). This ONE-OF-A-KIND property has various options such as: 1) It is perfect for a buyer that has an extended family who all want to live on the same property, or 2) As a home with monthly rental income from the rear units or 3) As a 4 unit income producing property. If you ever dreamed of owning a multi-unit property where you can live in one of the units while self-managing and collecting rent from the other units, this is right up your alley. The LOCATION is key with a very SHORT WALK to the shops & restaurants on Huntington Dr., the beautiful LA County park along Santa Anita Ave, & of course, a short walk to the Santa Anita Race Track. The location could not be more ideal being situated just below the beautiful Southern California snow capped mountains. One of the main benefits of Arcadia is & has always been renowned for its incredible SCHOOLS!! The remodeled units have newer paint (inside & out), newer pex flex plumbing in the back units, newer wood laminate flooring & newer carpet throughout, newer stainless steel kitchen appliances & garbage disposal. The Main house has a kitchen that is open to the formal dining area with built-in storage. There is a cozy & comfortable fireplace in the living room, all newer window coverings and ceiling fans. This ultra clean and peaceful property has lush landscaping with a gorgeous wrap around yard in between the home & the rental units Between the structures, there is a covered entertainment lounge area with a Bar B Que & chairs. For convenience, there is a community laundry room with coin op machines located on the ground level of the back structure. This is a perfect opportunity with numerous options for just the right family or investor. If you drive by, please do not disturb nor speak with the tenants. Please respect their privacy. Much appreciated!! Call your own agent to obtain more details from the listing agent.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T20:38:52.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/136971827
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32 Bonita Street Arcadia, CA 91006

  • Price: $2,250,000
  • Status: Active
  • On Site: 374 Days
  • Updated: 74 min ago
  • ID#: OC23023438
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1923
Built
Neighborhood:
605 - Arcadia
County:
Los Angeles
Area:
605 - Arcadia
Property Description
Back on the Market and ready for you!! Privately nestled on a spectacular tree lined street in the heart of Arcadia is this Single Story Two bedroom house on a generous sized lot (nearly 8000 square feet) with THREE DETACHED RENTAL UNITS on the back perimeter of the property built above and around a 4.5 Car Garage. Tremendous value in this location & in the city of Arcadia. Currently the house is rented on a month to month at below market rents for the time and the area. The Main house & one of the back one bedroom units were remodeled just a couple years ago (see pictures). This ONE-OF-A-KIND property has various options such as: 1) It is perfect for a buyer that has an extended family who all want to live on the same property, or 2) As a home with monthly rental income from the rear units or 3) As a 4 unit income producing property. If you ever dreamed of owning a multi-unit property where you can live in one of the units while self-managing and collecting rent from the other units, this is right up your alley. The LOCATION is key with a very SHORT WALK to the shops & restaurants on Huntington Dr., the beautiful LA County park along Santa Anita Ave, & of course, a short walk to the Santa Anita Race Track. The location could not be more ideal being situated just below the beautiful Southern California snow capped mountains. One of the main benefits of Arcadia is & has always been renowned for its incredible SCHOOLS!! The remodeled units have newer paint (inside & out), newer pex flex plumbing in the back units, newer wood laminate flooring & newer carpet throughout, newer stainless steel kitchen appliances & garbage disposal. The Main house has a kitchen that is open to the formal dining area with built-in storage. There is a cozy & comfortable fireplace in the living room, all newer window coverings and ceiling fans. This ultra clean and peaceful property has lush landscaping with a gorgeous wrap around yard in between the home & the rental units Between the structures, there is a covered entertainment lounge area with a Bar B Que & chairs. For convenience, there is a community laundry room with coin op machines located on the ground level of the back structure. This is a perfect opportunity with numerous options for just the right family or investor. If you drive by, please do not disturb nor speak with the tenants. Please respect their privacy. Much appreciated!! Call your own agent to obtain more details from the listing agent.
Exterior Features

Carport Spaces 0 Construction Materials Stucco Direction Faces North Entry Level 1 Entry Location 1 Exterior Features Barbecue Fencing Block Lot Features Front YardLawnLevelNear ParkRectangular LotSprinkler SystemStreet LevelYard Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features Door-MultiDriveway LevelDoor-SingleGarageOff StreetGarage Faces RearOn Street Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Roof Composition Spa Features None Spa YN No View Mountain(s)NeighborhoodTrees/Woods View YN Yes

Interior Features

Appliances DryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsGutter(s)Park Contingency Seller reserves the right to do a 1031 Tax Exchange at no cost to the buyer Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Inclusions Coin Operated Washer and Dryer Machines Insurance Expense 0 Land Lease YN No Laundry Features Common AreaLaundry RoomSee Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 0 Possession Negotiable Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 5600 Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public Zoning ARR3HY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T20:38:52.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Kirby Ellis of Coldwell Banker Realty (949-837-5700) and Gina Strane of ()