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:
California Regional MLS (CRMLS) - 25 - CA
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
Special Listing Conditions Standard
Status Pending
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
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 91006

Price
AVG $1.81M
$2M
Visits
AVG 27
100
Year Built
AVG 1974
1977
Walkscore
AVG 47
74
Data Provided by Walkscore ® not using MLS data

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