34.133705 -118.027985

518 524 S 1st Avenue Arcadia, CA 91006

288272474 34.133705 -118.027985 124 /listing/288272474-150414967/518-524-s-1st-avenue-arcadia-ca-91006 False 0 2695000.0 101 P1-3158 False
  • $2,695,000
  • Est payment $14467.34/mo

Property & Neighborhood Info

Courtesy Of Michael Dostalek, DRE#01343641, A1 West Commercial Real Estate

Commercial in Arcadia

First time on the market in 50 years. Rare Owner/User building or investment opportunity. 3-unit retail property with two 1,200sf units occupied by a hair salon and acupuncture office and one corner 4,800sf (+200sf bonus warehouse) unit that is currently occupied by an art school that is month to month and can accommodate an owner/user upon close of escrow.High visibility, corner location at the intersection of 1st Avenue and Fano Street. Central Arcadia location, one block east of Santa Anita Avenue and north of Duarte Road. Convenient to the Westfield Santa Anita Regional Shopping Mall, Santa Anita Racetrack, and Restaurant Row along Huntington Drive. Zoned Mixed Use, suitable for a wide variety of retail and service uses. Please check with the City of Arcadia Zoning Department for all zoning matters, allowed uses and parking requirements.Future development potential with mixed-use zoning for a retail and residential project. Zoning permits 30 units/acre with a Floor to Area Ration of 1.0 and a maximum height of 40 feet. PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY WITHOUT LISTING BROKER. ALL VIEWINGS AND TOURS MUST BE ARRANGED THROUGH THE LISTING BROKER.

Courtesy Of Michael Dostalek, DRE#01343641, A1 West Commercial Real Estate

Main Features

  • Listing Status: Active
  • Year Built: 1948
  • County: Los Angeles
  • Zoning: Mixed Use
  • MLS Number:P1-3158

Additional Features

  • Laundry:
    • None
  • Occupied By:
    • Tenant
  • Property Subtype:
    • Retail
  • Roof:
    • Composition
  • Year Built Source:
    • Assessor
  • Fence:
    • None
  • Lot Description:
    • NearPark
    • Paved
  • Electric:
    • Standard
  • Heating:
    • Central
  • Community Features:
    • Park
  • Number of Buildings:
    • 1
  • Water:
    • Public
  • Financing:
    • None
  • Gross Income:
    • 133800
  • Net Operating Income:
    • 88851
  • Terms:
    • Cash
    • Conventional
  • CDOM:
    • 0
  • Sign:
    • false
  • Special Conditions:
    • Standard
  • DOM:
    • 0
  • Gross Scheduled Income:
    • 133800
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 503334953
  • Operating Expense:
    • 40935
  • Parcel Number:
    • 5779010001
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
COLDWELL BANKER GEORGE REALTY
COLDWELL BANKER GEORGE REALTY
(626) 457-2388
660 W. Huntington Dr. Alhambra CA 91801
no name available COLDWELL BANKER GEORGE REALTY
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34.133705 -118.027985

518 524 S 1st Avenue Arcadia, CA 91006

288272474 34.133705 -118.027985 124 /listing/288272474-150414967/518-524-s-1st-avenue-arcadia-ca-91006 False 0 2695000.0 101 P1-3158 False
  • $2,695,000
  • Est payment $14467.34/mo