$6,500,000

922 W Duarte Road, Arcadia, CA 91007

Days on Purplebricks: 245

Property Description

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.

Features

  • Property Type:

    • Other
  • County:

    • Los Angeles
  • Year Built:

    • 1964
  • Lot Features:

    • Landscaped
  • Pool Features:

    • Community Pool
  • Lot Area:

    • 33718
  • MLS Name: CRMLS
  • MLS Number: OC18206309
  • Listing Agent: Johnny Chang
  • Brokerage: Marcus & Millichap RE Invest
  • Last updated: 2019-03-19
  • Last checked: 2019-04-25
  • Listing status: Active
  • Agent License: DRE #01961748

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$6,500,000

922 W Duarte RoadArcadia, CA 91007

Bed Bath
Other
245 days on Purplebricks

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