Sold for $2,380,000

Listed by: Re/Max Premier Prop SanMarino • Maggie Ly • Contact: 626-660-1100

Bought with: Re/Max Premier Prop SanMarino

$2,380,000

624 S Santa Anita Ave, Arcadia, CA 91006

9beds

7baths

7,198sqft

Multi Family

Built in 1942

-- sqft lot

$2,519,000 Zestimate^®

$331/sqft

$3,510 Estimated rent

Home value

$2,519,000

$2.12M - $2.95M

$3,510/mo

Zestimate^® history

Owner options

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$3,510/mo

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$3,510/mo

Rent Zestimate^®

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$15,177/mo

Est. payment

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$15,177/mo

Est. payment

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What's special

Major Price reduction. This prime mixed-use corner property in the heart of Arcadia offers a unique opportunity for investors and business owners alike. The property features one ~4,500 sq. ft. retail unit on the first floor and six residential units on the second floor of ~2,800 sqft. Total Building Area is ~7,110 sqft. Located on a major traffic artery near the 210 freeway, this property enjoys excellent visibility and foot traffic. It is also within the renowned Arcadia school district. This property is sure to appeal to a wide range of buyers, including those seeking to generate income, grow their portfolio, or own and operate a business in a prime location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 7

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 7,198
Total interior livable area: 7,198 sqft

Property

Features

Entry location: 1
Pool features: None

Lot

Size: 9,252 Square Feet
Features: 6-10 Units/Acre, Walkstreet

Details

Parcel number: 5779012001
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Features: Urban

Location

Region: Arcadia

Financial & listing details

Price per square foot: $331/sqft
Tax assessed value: $2,427,600
Annual tax amount: $30,692
Date on market: 10/26/2023
Cumulative days on market: 89 days
Listing terms: Cash to New Loan
Tenant pays: None

Price history

Date	Event	Price
4/2/2024	Sold	$2,380,000-4%$331/sqft
Source: CRMLS #AR23198135 Report a problem
3/20/2024	Pending sale	$2,480,000+77.1%$345/sqft
Source: CRMLS #AR23198135 Report a problem
9/25/2012	Sold	$1,400,000$194/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$30,692 +43.2%	$2,427,600 +43.6%
2024	$21,427 +2.1%	$1,690,186 +2%
2023	$20,991 +3.2%	$1,657,046 +2%
2022	$20,332 +2%	$1,624,556 +2%
2021	$19,936 +1.2%	$1,592,703 +1%
2020	$19,705	$1,576,373 +2%
2019	$19,705 +4.1%	$1,545,464 +2%
2018	$18,924	$1,515,162 +2%
2017	$18,924 +0.3%	$1,485,454 +2%
2016	$18,867 +2.5%	$1,456,328 +1.5%
2015	$18,406	$1,434,454