720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
720 S 3rd AVE, Arcadia, CA 91006
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,250,000
Est. payment | /mo

8 Beds

5 Baths

3,167 SqFt

Save
$ 2,250,000
Est. payment | /mo
Save

8 Beds

5 Baths

3,167 SqFt

Open House

Sat Jul 04, 1:00pm - 4:00pm

Sun Jul 05, 1:00pm - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,167 sqft

Price per Sqft $710

MLS Listing ID 26853293

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1930

Lot Size 8,999 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare income-producing opportunity in the highly desirable Arcadia School District! This well-maintained triplex offers exceptional flexibility for investors and owner-occupants alike.The front residence features 3 bedrooms and 3 bathrooms and has been beautifully renovated with modern finishes and thoughtful updates. Attached to the front home is a newer 1-bedroom, 1-bath ADU, ideal for extended family, guests, or additional rental income. Both the front home and the attached ADU will be delivered vacant at the close of escrow, allowing the new owner the flexibility to occupy one or both units or lease them at current market rents.The detached rear unit offers 4 bedrooms and 2 bathrooms and is currently tenant occupied generating roughly $4,300 a month, providing immediate, stable rental income from day one. With attractive curb appeal, pride of ownership throughout, and a prime location near award-winning Arcadia schools, shopping, dining, parks, and convenient transportation, this is a rare opportunity to own a versatile multi-unit property in one of Arcadia's most sought-after neighborhoods. Whether you're looking to maximize rental income, accommodate multi-generational living, or build long-term wealth, this exceptional property offers endless possibilities.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR2YY

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Driveway

Pool None

View Y/N Yes

View Mountain(s)

Total Parking Spaces 6

Private Pool No

Building

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5779019025

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Raymond Wu Keller Williams Los Angeles #02019741

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.