620 N 1st Avenue, Arcadia, California 91006, Arcadia, 91006 - bed, bath
ACTIVE$1,125,000
620 N 1st Avenue, Arcadia, California 91006
0Bed
0Bath
1,578Sqft
6,321Lot
Year Built
1924
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
$713
HOA
-
Days on market
-
Sold On
-
MLS number
AR25011416
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros.
Welcome to this charming duplex nestled in the heart of Arcadia. The property features a 2 bedroom+1 bath house and a 1 bedroom+1 bath unit. Each unit has its own one-car garage. Built in 1924, the duplex exudes vintage charm while presenting opportunities for modern updates. With a total living area of 1,578 square feet on a spacious 6,319 square foot lot, the savvy investor has room to add value via key enhancements and upgrades. Tenants enjoy the convenience of Arcadia living, known for its acclaimed school district and proximity to parks, dining, shopping, and entertainment. Don't miss out on this investment opportunity in a coveted location.
Condition Rating
Fair
The property was built in 1924 and the listing mentions 'vintage charm' and 'opportunities for modern updates,' suggesting it hasn't been extensively renovated recently. The images show a functional but dated kitchen and bathroom. While the property appears maintained, it likely requires updates to meet current standards. Given the age and description, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Income Potential: Duplex property provides immediate rental income from two separate units.
Desirable Location: Located in Arcadia, known for its excellent school district, parks, and amenities.
Value Add Opportunity: Spacious lot and vintage charm offer potential for enhancements and upgrades to increase property value.
Cons
Age of Property: Built in 1924, the property may require significant updates and maintenance.
Limited Parking: Each unit only has a one-car garage, potentially limiting parking for tenants.