Address
149 E Duarte Road Arcadia, CA
Price
$ 1,999,999
Property Attributes
  • MLS#AR21057302
  • TypePending
  • CountyLOS ANGELES
  • CityArcadia
  • AreaArcadia
  • Zip91006
  • StyleRetail
  • Price$ 1,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,650 SqFt
Listing Provided Courtesy Of:
Yaotian Luo with Skyway Investment Corp..
Data Source:
CRMLS
Property Description

Excellent location on a busy main street. The adjacent building is Carl's Jr. This building has four units, all of which are fully occupied. Unit #147 is Tobacco World, which sells cigars, cigarettes and accessories. These tenants have been there for over 15 years and have good business. Unit #149 is Skyway Investment Corp., a real-estate company which has been there for over 7 years. Unit #151 is Jim's Check Cashing, a business that does check cashing and pay-day loans; and they have been there for over 30 years with consistently profitable business. Unit #153 is Mama's Kitchen, a noodle and dumpling restaurant that has been there for over 5 years. All the tenants pay base rent plus NNN (the tenants pay all the property taxes, insurance, maintenance, CAM, and management fees). The landlord's annual net income is $94,000. The capital rate is 4.7%. This building was built in 1977 and has been well-maintained and each unit is in good condition. There is a total of 21 parking spaces, 14 in front and 7 in the back of the building. Must see to appreciate.

Price History
3/19/2021 Listed $1,999,999

General Features

Listing Agent Yaotian Luo - BRE#01107097
Listing Agent State License 01107097
MLS Area 605 - Arcadia
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Terms 1031 Exchange
Zoning C2

Interior Features

Laundry Features None

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.27
Lot Size Area 11650
Lot Size Source Assessor
Lot Size Square Feet 11650
Lot Size Units Square Feet
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91006

Price
AVG $1.57M
$2M
Visits
AVG 51
80
Year Built
AVG 1975
1977
Walkscore
AVG 51
74
Data Provided by Walkscore ® not using MLS data

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