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Closed
- Listed price
- $2,250,000
- Listed Nov 21, 2015
- Sold price
- $2,018,750
- Sold Mar 4, 2016
17,088 sqft lot|1954 Built|73 days listed
842 Sunset Blvd, Arcadia, CA 91007
Property Description
LOCATION! LOCATION! LOCATION! Excellent investment opportunity in Arcadia. Come see this 8-unit multi-family building located in the heart of Arcadia, within the first block south of Huntington Dr. This property has 2 buildings with 4 units in the front and 4 units in the back, each unit has one on-site parking space with storage, and there is a community laundry room. This property is conveniently situated close to Arcadia schools, the mall, public transportation, hospitals, and churches. Each unit has separate electric and gas meters and the owner pays for the water and trash. 7 of the 8 units are occupied and current rents are low for the area. The market rate is about $950-$1350 per unit and the Proforma cap rate is about 4.8%. The owners are very motivated. Act fast or you will miss out! Check with the City to verify all information and the multitude of uses for this AAR3 zoned property. Please DO NOT DISTURB THE OCCUPANTS. THANK YOU.
Listing agent: ADAM LEACHDRE #01895135newneighboradam@gmail.com, Listing office: NEW NEIGHBOR PROPERTIES
MLS data updated 10/19/2026, 3:06:56 AM PT
Source: CRMLSMLS #: WS15257183
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,018,750
Mar 4, 2016
Available records22015–2016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91007 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91007 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.