1126 East Arcadia Court
1126 East Arcadia Court
$1,235,000
6
5
2,886
2,886
$428
Description
Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area....Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.
- Listed by Pat Swanson • DRE #01382974 • Brokerage DRE #01382974 • Pat Swanson • 213-864-2862
Property Details for 1126 East Arcadia Court
Parking Spaces Total
0
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2886
Assessor Parcel Number7268-017-001
Property Attached YNtrue
Location
LISTING UPDATED: 04/16/2024 03:45 AM
Property Details for 1126 East Arcadia Court
Status | Active |
---|---|
MLS # | OC24059927 |
Days on Market | 33 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.11 AC / 4,987 SF |
County | Los Angeles County |
Location
Building Information for 1126 East Arcadia Court
Stories2Residences-Year Built1962Building Size-Lot Size0.11 AC / 4,987 SF
Payment Calculator
$7,194 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1126 East Arcadia Court
Property History for 1126 East Arcadia Court
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1126 East Arcadia Court
Taxable ValueLand$125,278Additions$236,645Total$361,923
Tax Record2023$5,447 ($454 / month)
Home Facts
Total Finished SqFt2,886 SqFtAbove Grade Finished SqFt2,886 SqFtLot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLBR1NCountyLOS ANGELESAPN7268-017-001
Schools near 1126 East Arcadia Court
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Whittier Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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