Arcadia, CA 91006,4251 E Live Oak AVE
Arcadia, CA 91006,4251 E Live Oak AVE
Arcadia, CA 91006,4251 E Live Oak AVE
Arcadia, CA 91006,4251 E Live Oak AVE
Arcadia, CA 91006,4251 E Live Oak AVE
Arcadia, CA 91006,4251 E Live Oak AVE
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$8,580,000

Est.Price: ?

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Est. payment /mo

0.44 Acres Lot


SOLD DATE : 07/14/2023

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR23020774

Sold Date 07/14/23

HOA Y/N No

Year Built 2023

Lot Size 0.437 Acres

Property Sub-Type Apartment

Property Description

Advanta Properties Inc. is pleased to present the exclusive new construction opportunity to acquire Live Oak 13, a multi-family building comprised of 13 newly built units with 3 BD/3.5 BA (One Unit has 4 Bd/4BA) units ideally located in Arcadia, CA. With excellent proximity to major employers, 210 & 605 freeways, entertainment districts and restaurants, this community is an attractive destination for rentals. Slated to be completed in early 2023 , 4251 E. Live Oak Ave., Arcadia, Ca 91006 offers 13 3 bedroom and 3 bath units. The well-built property features luxury unit upgrades including modern fixtures, luxury vinyl flooring, in unit washer & dryer hookups, electronic entry locks, dual pane windows, quartz countertops, soft-close cabinets, and SS appliances. Since this is new construction, this Multifamily investment opportunity has a high return and low operating costs with no rent control for the next 10+ years. All utilities are separately metered. The 26 parking spots (with 2EV charging outlets) can also be optional additional income. This property is also ideal for the furnished rental housing business model such as traveling nurse/first responder housing, as it is close to 3 major hospitals (USC Arcadia, City of Hope, Kaiser). Units can also be used as Live/Work apartments.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Interior

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Suburban

Total Parking Spaces 26

Private Pool No

Building

Story 3

Sewer Sewer Tap Paid

Water Public

New Construction Yes

Others

Senior Community No

Tax ID 8511028004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Janet Chan • Advanta Properties, Inc • 626-524-2902
Bought with Vincent Lin • Accelus Realty Inc.
agent-avatar

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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