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132 Diamond Street

Arcadia, CA 91006

$5,800,000 Sale Price
Est. Payment: $ 0/mo
23
Bed
0
Bath
11,592 Sq. Ft.
$539 / Sq. Ft.
Sold

132 Diamond Street

Arcadia, CA 91006

Sold
$5,800,000 Sale Price
$0/mo
23
Bed
0
Bath
11,592
Sq. Ft.
1 /
We are pleased to introduce an exclusive offering: a 10-unit condo-style apartment building situated in the highly sought-after area of prime Arcadia. This remarkable opportunity marks the first-ever listing of the property, presented by its original owner and developer. For astute investors, this represents an exceedingly rare chance to acquire a property of superior 1988 construction in a flourishing rental market. Situated on a generous 15,912 square foot lot, the buildings are approximately 11,592 square feet. The unit composition consists of two 3-bedroom, 2.5-bath units, seven 2-bedroom, 2.5-bath units, and a 3-bedroom + den, 2.5-bath unit. The property boasts ample parking with a total of 24 spaces available, including ten 2-car garages and an additional four guest parking spaces. All units are designed in a two-story townhouse style and offer modern comforts such as central air conditioning and heating, dishwashers, dedicated washer/dryer hookups, separate gas and electricity meters, and direct access to the unit from their assigned garages. Certain units have received upgrades like wood flooring and countertops, and there may be a potential for future condo conversion (subject to verification by the buyer with the city). This unique property opportunity is not to be missed.
PROPERTY INFORMATION
MLS # 23305845 Lot Size 15,912 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 6,250,000
Price Per SqFt: $ 539
DOM 649 Days
Address 132 Diamond Street Type Residential Income
City Arcadia Sq.Ft. 11,592 Sq. Ft.
Postal Code 91006 Garage 20
County Los Angeles Year Built 1988
Bed / Bath 23 / 0 Parking 24
Built In 1988 Status Closed
Sold Date 2024-01-10
INTERIOR FEATURES
Has Heating Yes
Heating Information Central
EXTERIOR FEATURES
WALKSCORE
  Walk Score: 86 (Very Walkable)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $6,667
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
11/03/2023 Pending $6,250,000
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Topfind Realty

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Listing provided courtesy of Benjamin J. Hsiang, Realty Investment Advisors, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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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