922 W Duarte Road, Arcadia

$6,500,000

0 Beds
0 Baths
18,944 Sqft
0 Garages

LAND REDEVELOPMENT OPPORTUNITY. Fountain Manor is situated on an oversized R3 lot on which 22, three-bedroom townhomes/Condos can be built. The subject property is a 14-unit multifamily investment property located at 922 West Duarte Road, Whittier, CA. Located less than one mile to Westfield Santa Anita, El Rancho Santa Anita Shopping Center, and Interstate 210, residents have easy access to major retailers, grocers, and transport routes to employment centers throughout Southern California. Fountain Manor is also less than half a mile from Temple City High School and a mile and a half from Arcadia High School. Built in 1964, Fountain Manor is situated on an oversized lot on which 22, three-bedroom townhomes can be built, allowing investors to substantially increase rental income. Situated on a 0.77-acre lot, the 18,944 square foot property consists of two-bedroom floor plan, four of which are townhomes. Fountain Manor offers amenities including a gated swimming pool, balconies/patios (select units only), on-site laundry, and carport and open parking.

Essential Information
MLS® #OC18206309
Price$6,500,000
Bathrooms0.00
Square Footage18,944
Acres0.77
Year Built1964
TypeResidential Income
StatusActive
Community Information
Address922 W Duarte Road
AreaArcadia (605)
CityArcadia
CountyLos Angeles
StateCA
Zip Code91007
Amenities
Parking Spaces30
Has PoolYes
Interior
# of Stories2
StoriesTwo
Exterior
Lot DescriptionLandscaped
Additional Information
Date ListedAugust 23rd, 2018
Days on Market267
ZoningARR3*
Listing Details
AgentJohnny Chang(01961748)
OfficeMarcus & Millichap RE Invest
Property History
Price Reduced from $6,800,000 to $6,500,000
Price Reduced from $6,999,888 to $6,800,000
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of March 6th, 2019 at 5:36pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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