1114 6TH Avenue, Arcadia, CA 91006
1114 6TH Avenue, Arcadia, CA 91006
1114 6TH Avenue, Arcadia, CA 91006
6
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$1,950,000
Est. payment /mo
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5 Beds
3 Baths
0.52 Acres Lot
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1114 6TH Avenue Arcadia, CA 91006

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26082940

Bedrooms 5

Lot Size 0.516 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Rare Investment Gem! An Expansive 22,479 sq. ft. Lot Offering Both SB 9 Subdivision Potential and Stable Cash Flow. Discover an unparalleled investment opportunity in the heart of Arcadia! This massive R1-zoned lot (approx. 0.52 acres) is a rare find, combining immediate rental income with immense future development potential. Situated on an exceptionally large parcel of land, the property features two separate structures: Front House (3 Bed / 2 Bath, approx. 1,480 sq. ft.): Equipped with central heating and air conditioning, a washer, a dryer, and a refrigerator; fully renovated in 2024. It is currently occupied by a reliable tenant paying $3,800 per month (based on rental rates from two years ago). Rear House (2 Bed / 1 Bath, approx. 500 sq. ft.): Recently updated in 2024 with modern-style finishes. It is ready to be rented immediately (projected monthly rent: approx. $2,800) or can be kept vacant for future development purposes. Development Potential: Under California's SB 9 legislation, this exceptionally deep lot presents an ideal candidate for an "Urban Lot Split." You can explore the possibility of subdividing the parcel into two separate lots, potentially allowing for the construction of luxury primary residences and Accessory Dwelling Units (ADUs). (Buyers are advised to verify specific feasibility directly with the City.) Located in one of Arcadias most highly sought-after neighborhoods, this property is situated within a top-rated school districtclose to excellent elementary, middle, and high schoolsand is conveniently located near shopping centers and Asian su

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Between Duarte and Camino Real

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 8512005025

Acceptable Financing Conventional, Exchange

Listing Terms Conventional, Exchange

MLS Router / San Diego MLS
Listed by JIA SUN, DRE#01880676 Wetrust Realty 

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager | CA DRE#01374456

+1(858) 204-4262

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