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Off market
  • $1,589,100

    520 Cornell Dr, Arcadia, CA 91007

    7beds
    4baths
    3,913sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $1,589,100 Zestimate®
    $406/sqft
    $3,502 Estimated rent

    Home value

    $1,589,100

    $1.46M - $1.73M

    $3,502/mo

    Zestimate® history
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    What's special

    WELL MAINTAINED 4 UNIT APARTMENT COMPLEX in North Arcadia with award winning Arcadia School District. Three 2 bedroom 1 bath units, one 1 bedroom 1 bath unit. Current rents are all below market. With the current monthly income of $5,750 increasing to a projected $7,150, there is a significant rise-in-rent probability, showing an estimated cap rate of 4.7%. Total 6 garages, with lots of storage room inside each garage and 3 uncovered parking spaces. This 4 unit property is situated close to Arcadia schools, local parks, restaurants, and stores. Easy access to the 210 freeway and metrolink. Self owned Laundry on-site with $100 income per month. Within walking distance to Newcastle Park, Arcadia Park and Santa Anita Park.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Forced air
    Cooling
    • Wall
    Appliances
    • Laundry: Individual Room
    Features
    • Flooring: Carpet, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 3,913 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Levels: Two
    Lot
    • Size: 9,552 Square Feet
    • Features: Yard, 2-5 Units/Acre
    Details
    • Parcel number: 5775027006
    • Special conditions: Standard, Trust

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Location
    • Region: Arcadia

    Financial & listing details

    • Price per square foot: $406/sqft
    • Tax assessed value: $1,427,323
    • Annual tax amount: $17,730

    Price history

    DateEventPrice
    1/30/2020Sold$1,345,000+12.1%$344/sqft
    Source: CRMLS #AR19275517 Report a problem
    12/17/2019Pending sale$1,200,000$307/sqft
    Source: Keller Williams Realty #AR19275517 Report a problem
    12/10/2019Listed for sale$1,200,000+290.2%$307/sqft
    Source: Keller Williams Realty #AR19275517 Report a problem
    1/12/1996Sold$307,500-7.5%$79/sqft
    Source: Public Record Report a problem
    9/12/1995Sold$332,500$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,730 +6.4%$1,427,323 +2%
    2024$16,660 +2.3%$1,399,337 +2%
    2023$16,285 +3.4%$1,371,900 +2%
    2022$15,754 -0.2%$1,345,000 -1%
    2021$15,786 +9.4%$1,358,933 +9.9%
    2020$14,435 $1,236,196 +2%
    2019$14,435 +4.3%$1,211,958 +2%
    2018$13,839 $1,188,196 +2%
    2017$13,839 0%$1,164,899 +2%
    2016$13,843 +2.5%$1,142,059 +1.5%
    2015$13,504 +3.1%$1,124,905 +2%
    2014$13,099 $1,102,871 +59.2%
    2012-- $692,937 +2%
    2011-- $679,351 +0.8%
    2010-- $674,275 -0.2%
    2009-- $675,878 +2%
    2008-- $662,626 +2%
    2007-- $649,635 +2%
    2006-- $636,898 +70.4%
    2005-- $373,804 +4%
    2004-- $359,290 +1.9%
    2003-- $352,706 +2%
    2002-- $345,791 +4%
    2000-- $332,366
    Find assessor info on the county website

    Neighborhood: 91007

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,589,100
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    Estimated market value
    $1,589,100