1114 6TH AVE Arcadia, CA 91006
0.52 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26082940
HOA Y/N No
Year Built 1926
Annual Tax Amount $23,420
Lot Size 0.516 Acres
Property Sub-Type Duplex
Property Description
Discover an unparalleled investment opportunity in the heart of Arcadia! This massive R1-zoned lot (approx. 0.52 acres) is a rare find, combining immediate rental income with immense future development potential.
Situated on an exceptionally large parcel of land, the property features two separate structures:
• Front House (3 Bed / 2 Bath, approx. 1,480 sq. ft.): Equipped with central heating and air conditioning, a washer, a dryer, and a refrigerator; fully renovated in 2024. It is currently occupied by a reliable tenant paying $3,800 per month (based on rental rates from two years ago). • Rear House (2 Bed / 1 Bath, approx. 500 sq. ft.): Recently updated in 2024 with modern-style finishes. It is ready to be rented immediately (projected monthly rent: approx. $2,800) or can be kept vacant for future development purposes.
Development Potential: Under California's SB 9 legislation, this exceptionally deep lot presents an ideal candidate for an "Urban Lot Split." You can explore the possibility of subdividing the parcel into two separate lots, potentially allowing for the construction of luxury primary residences and Accessory Dwelling Units (ADUs). (Buyers are advised to verify specific feasibility directly with the City.)
Located in one of Arcadia's most highly sought-after neighborhoods, this property is situated within a top-rated school district—close to excellent elementary, middle, and high schools—and is conveniently located near shopping centers and Asian supermarkets. The property is being sold "AS-IS." Buyers are strongly advised to independently verify all potential development possibilities, permitting requirements, and land-use regulations with the City of Arcadia.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR1YY
Interior
Interior Features Open Floorplan, Tile Counters, Unfurnished, Bedroom on Main Level
Heating Central, Heat Pump, Wall Furnace
Cooling Central Air, Ductless
Flooring Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Electric Range, Gas Range, Refrigerator, Range Hood
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, Outside, See Remarks
Exterior
Parking Features Detached Carport, Garage Faces Side
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Golf, Park
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N Yes
View Mountain(s)
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8512005025
Security Features Security Lights
Energy Description 900.0
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Special Listing Condition Standard
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