logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
7 Photos
icon
icon icon
28 Bonita Street
USD 2,280,000
Property ID: WS24249825
icon
28 Bonita Street ,91006
icon --
icon 8010 SqFt
icon Built in 1940
icon USD 285/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
3660
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1940
See more icon
Detailed Introduction Of This Home
Presenting a rare opportunity to acquire a 6-unit multifamily property, ideally situated in the heart of Arcadia. This well-maintained asset comprises of all 1-bedroom units. These units offer approximately 3,660 square feet of rentable space on a generous 8,008 square foot lot. The property features a laundry facility, assigned garage parking spaces, and each unit is separately metered for gas and electricity. This property presents a unique value-add opportunity with substantial rental upside. Arcadia is not subject to local rent control, allowing for maximum allowable rent increases under California's AB1482 legislation. Additionally, there is potential to enhance rental income further through the addition of an accessory dwelling unit (ADU), subject to buyer. The property's prime location is a significant draw, being close proximity to The Shops at Santa Anita mall, supermarkets, golf course, restaurants, 210 freeway access, and the Monrovia Metrolink Station. The area boasts exceptional demographics, with an average household income exceeding $120,000 and a median home value approximately $1 million within a 1-mile radius. This sought-after location provides investors with the prospect of acquiring a lucrative multifamily asset poised to generate substantial cash flow while offering a hedge against inflation in the thriving city of Arcadia.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
0 X8 VAC CORNER AVE#DRT
0 X8 VAC CORNER AVE#DRT
icon 0 X8 VAC CORNER AVE#DRT
413283 SqFt  / 0 Bed  / --
USD 35,000
2165 Valentine Street #3
2165 Valentine Street #3
icon 2165 Valentine Street #3
5867 SqFt  / 2 Beds  / 1 Full Bas
USD 824,900
0 Yucca Road
0 Yucca Road
icon 0 Yucca Road
215186 SqFt  / 0 Bed  / --
USD 247,000
3281 Ocean Front Walk
3281 Ocean Front Walk
icon 3281 Ocean Front Walk
2718 SqFt  / 4 Beds  / 3 Full Bas
USD 7,450,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 7
album
album
album
album
album
album
album
Photos (7)
icon
icon
banner
28 Bonita Street
USD 2,280,000 0 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder