12230 Arrowhead Street, Stanton, California 90680, Stanton, 90680 - bed, bath
ACTIVE$1,824,900
12230 Arrowhead Street, Stanton, California 90680
0Bed
0Bath
4,536Sqft
7,841Lot
Year Built
1971
Close
-
List price
$1.82M
Original List price
$1.82M
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
PW25088521
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.82M(50th), sqft - 4536(50th), beds - undefined(50th), baths - undefined(50th).
Very good investment opportunity. Very nice building on a loaded street, convenient to all amenities. Little Saigon adjacent. Coveted Covingston style apartment with owner's unit in front. Good unit mix. Can't beat this one
Price History
Date
Event
Price
02/22/19
Sold
$1,249,000
Condition Rating
Poor
Built in 1971, this property is over 50 years old. The images reveal highly outdated kitchens and bathrooms with original or very old cabinets, laminate countertops, dated white appliances, and old linoleum/vinyl flooring. Light fixtures are also very old. Carpets appear worn. While functional, these areas require substantial rehabilitation and modernization to meet current standards and tenant expectations, aligning with a 'Poor' condition score.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as a 'Very good investment opportunity,' this quadruplex offers multiple income streams, making it attractive for investors seeking cash flow.
Prime Location & Amenities: Situated on a 'loaded street,' 'convenient to all amenities,' and 'Little Saigon adjacent,' the property benefits from a high-demand area with cultural vibrancy and accessibility.
Owner-Occupant Advantage: The inclusion of a 'Coveted Covingston style apartment with owner's unit in front' provides a unique opportunity for an owner-investor to live on-site while managing the property and offsetting housing costs.
Favorable Unit Mix: The 'Good unit mix' suggests diversified rental options, potentially leading to more stable occupancy and reduced vacancy risk across the four units.
Established Multi-Family Asset: As a quadruplex, this property represents a substantial multi-family asset, offering a scalable investment beyond single-family homes and a solid foundation for portfolio growth.
Cons
Property Age & Potential Upgrades: Built in 1971, the property is over 50 years old, which may indicate a need for significant capital expenditures for system updates (e.g., plumbing, electrical, HVAC) and cosmetic renovations to meet modern tenant expectations and maintain competitiveness.
Lack of Detailed Financials: The listing description lacks crucial financial details such as current rental income, occupancy rates, operating expenses, or cap rate, which are essential for a comprehensive investment analysis.
Vague Property Description: The general nature of the description ('Very nice building,' 'loaded street') provides limited specific information about the property's current condition, recent upgrades, or specific features, necessitating thorough due diligence.