37 Duarte Road

    Arcadia, CA 91006
    • $1,098,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: AR20031238
    UPDATED: 39 min ago
    $1,098,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,957
      SQFT
    • $561
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    This property is perfect for an owner user or as an investment. Currently all tenants are on month to month leases. Great value add opportunity with at least a 50% upside in rents. Tremendous amount of development going on in this area. Ability to convert to NNN leases. Tenant to be responsible for property taxes, insurance and common area maintenance (CAMS). Water, gas and electricity are all separately metered. Owner just replaced brand new pipes for water and gas throughout the building and all the way to the main line. New slurry coat and parking lot was recently restripped.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T19:27:47.297. 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 Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/103179297

    37 Duarte Road Arcadia, CA 91006

    • Price: $1,098,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: AR20031238
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,957
    SQFT
    $561
    $/SQFT
    1950
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    This property is perfect for an owner user or as an investment. Currently all tenants are on month to month leases. Great value add opportunity with at least a 50% upside in rents. Tremendous amount of development going on in this area. Ability to convert to NNN leases. Tenant to be responsible for property taxes, insurance and common area maintenance (CAMS). Water, gas and electricity are all separately metered. Owner just replaced brand new pipes for water and gas throughout the building and all the way to the main line. New slurry coat and parking lot was recently restripped.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Special Listing Conditions Standard Water Source Public Year Built Source Public Records

    Listing provided courtesy of Donald La of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T19:27:47.297. 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 Twiss Realty. Licensed in the State of California, USA.

     
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