700 S 2nd Ave, Arcadia, CA 91006

Property Description

Welcome to a rare opportunity to own a single level duplex in the heart of Arcadia within the highly coveted Arcadia school district. Each unit offers a private yard space. Both units are spacious and include large living room, a dining area, comfortable kitchen and newer flooring. Both units have 2 bedrooms and 1 bathroom with an appealing floor plan. The back unit has a huge, private yard space and a two car garage. These units are on 2 separate electrical and gas meters and share 1 water meter. An absolutely perfect property to live in one and rent the other. Great lot size of over 7,275 sq. ft., zoned R2. First time on the market in 22 years! The current rents were way below market, has great rental upside. Both units are currently occupied, landlord has issued an official written notice to ask the tenants. to vacate by the end of December 2023. Property to be Sold in AS IS condition. No warranties expressed or implied by Seller or the brokers.This property would be a great investment for a family that wants to occupy, leave it as a rental or tear down and rebuild 2 homes. The possibilities are endless! Convenient to restaurants, shopping and transportation, Arcadia High School, 1st Avenue Middle School, a library, and very close to Westfield Shopping Center and the Santa Anita Race Track. Don't miss seeing this amazing opportunity in an ideal location.