New

$6,840,000

17 hours ago

521 523 E Live Oak Avenue, Arcadia, CA

Name: 521 523 E Live Oak Avenue, For Sale in Arcadia - eXp Realty
Brand: Growth Investment Group Pasade
SKU: AR26041165
Price: 6840000 USD

Condo

0 Bed

0 Bath

17 Parking

MLS® AR26041165

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1960

MLS® Number AR26041165

Property Address: 521 523 E Live Oak Avenue, Arcadia, CA, 91006

Average square foot calculated using Size range provided by listing agent.

Description

ARCADIA TURNKEY 15-units (2 BRAND NEW ADUs), Arcadia School District, NO Local Rent Control, Attractive 5% CAP Rate, Extremely High Barriers to Entry Submarket., Brand New Electrical Panels and Subpanels, next to newer Townhouse and nearby many new SFR developments (by Brookfield Residential, KB Homes, Olson Homes, etc.). LIVE OAK ARCADIA, a 15-unit TURNKEY Luxury Mid-Century modern garden style apartment in the highly desirable City of Arcadia, CA. There is NO LOCAL rent control in Arcadia which allows maximum rent increase of 5% + CPI per AB1482 (maximum 10% rent increase). This property is located within the prestigious Arcadia School District and surrounded by SFRs neighborhood with many newer townhomes/SFR developments (Lennar, KB Homes, Brookfield Residential, Olson Homes, etc.). It has FANTASTIC demographics of ±$149, 028 average household income within a-mile radius. Offered at much higher CAP Rate compared to other competing multifamily in Arcadia, this offering provides an excellent opportunity to buy a stabilized asset in one of the most desirable submarkets in San Gabriel Valley. 521-523 LIVE OAK is an attractive two-story garden style gated community that was built in 1960 and renovated in 2022-2024. Two (2) of the units are brand new ADUS that were completed in 2026. It is situated on a LARGE lot of ±17, 977 SF and offers excellent curb appeal with manicured landscaping, complete with large front yard and back yard with seating area. The property has undergone a massive renovation in 2022-2024 which includes: all units upgraded, updated rough mechanical + electrical + and plumbing system (main line is not updated), new drought-tolerant landscaping, new secured entrance and new parking gate, new property façade and signage, new exterior painting, new HVAC and exhaust systems, roof was not upgraded (in excellent condition) and much more. It has excellent curb appeal with mature trees in the front and a secured entrance. The property offers an excellent unit mix of SIX (6) x 2bedroom+1bathroom and nine (9) x 1bedroom+1bathroom. Each unit is spacious with an excellent floor plan, and each has been completely upgraded from top to bottom with attention to detail.

MLS® NumberAR26041165

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelWasher Hookup, Gas Dryer Hookup

Exposure

Exterior

GarageNo

Approx. Age1960

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 24, 2026List Date

$6,840,000List Price

Commute

Commute

Starting Address

Destination Address

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