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Multifamily

727 Southview Rd

727 Southview Rd, Arcadia, CA 91007

Listing Price: $4,100,000

Cap Rate
3.69%
Number of Units
10
GRM
16.47
Price/Unit
$410,000
Price/Gross SF
$378.72
Gross SF
10,826

Investment Overview

Marcus & Millichap is pleased to present to market 727 Southview Road, a pride-of-ownership 10-unit apartment complex in Arcadia, California. This property boasts a great cul-de-sac location in an affluent neighborhood walking distance to The Shops at Santa Anita, a shopping destination with retailers that range from Old Navy and Macy’s to Swarovski and Coach. Additionally, the property is proximate to the renowned Santa Anita Park race track, the Los Angeles County Arboretum and Botanical Garden, and the Santa Anita Golf Course.

727 Southview Road comprises two buildings that offer a total mix of four one-bed/one-bath units, five two-bed/two-bath units, and one three-bed/two-bath unit. Select units feature fireplaces and private patios, and the property offers on-site laundry as well as designated parking for each unit.

Seller financing may be available at six percent interest-only for three years with a 35 percent down payment.

Investment Highlights

  • Pride-of-Ownership 10-Unit Apartment Complex With 23 Percent Rental Upside
  • Desirable Mix of One Three-Bed/Two-Bath Unit, Five Two-Bed/Two-Bath Units, and Four One-Bed/One-Bath Units
  • Amenities Include Fireplaces and Private Patios for Select Units, Laundry Facilities, and Designated Parking Spots for Each Unit
  • Enviable Cul-de-Sac Location Walking Distance to The Shops at Santa Anita, Where Retailers Range From Old Navy to Swarovski and Din Tai Fung
  • Great Location in an Affluent Neighborhood of Arcadia; Average Household Income Within One Mile Exceeds $122,000
  • Within Two Miles of Santa Anita Park, Santa Anita Golf Course, and the Los Angeles County Arboretum and Botanical Gardens
  • Seller Financing May Be Available at Six Percent Interest-Only for Three Years With a 35% Down Payment

Exclusively Listed By

Financing By

Multifamily

727 Southview Rd

Listing Price: $4,100,000

Cap Rate
3.69%
Number of Units
10
GRM
16.47
Price/Unit
$410,000
Price/Gross SF
$378.72
Gross SF
10,826

Investment Highlights

  • Pride-of-Ownership 10-Unit Apartment Complex With 23 Percent Rental Upside
  • Desirable Mix of One Three-Bed/Two-Bath Unit, Five Two-Bed/Two-Bath Units, and Four One-Bed/One-Bath Units
  • Amenities Include Fireplaces and Private Patios for Select Units, Laundry Facilities, and Designated Parking Spots for Each Unit
  • Enviable Cul-de-Sac Location Walking Distance to The Shops at Santa Anita, Where Retailers Range From Old Navy to Swarovski and Din Tai Fung
  • Great Location in an Affluent Neighborhood of Arcadia; Average Household Income Within One Mile Exceeds $122,000
  • Within Two Miles of Santa Anita Park, Santa Anita Golf Course, and the Los Angeles County Arboretum and Botanical Gardens
  • Seller Financing May Be Available at Six Percent Interest-Only for Three Years With a 35% Down Payment

Investment Overview

Marcus & Millichap is pleased to present to market 727 Southview Road, a pride-of-ownership 10-unit apartment complex in Arcadia, California. This property boasts a great cul-de-sac location in an affluent neighborhood walking distance to The Shops at Santa Anita, a shopping destination with retailers that range from Old Navy and Macy’s to Swarovski and Coach. Additionally, the property is proximate to the renowned Santa Anita Park race track, the Los Angeles County Arboretum and Botanical Garden, and the Santa Anita Golf Course. 727 Southview Road comprises two buildings that offer a total mix of four one-bed/one-bath units, five two-bed/two-bath units, and one three-bed/two-bath unit. Select units feature fireplaces and private patios, and the property offers on-site laundry as well as designated parking for each unit. Seller financing may be available at six percent interest-only for three years with a 35 percent down payment.

Exclusively Listed By

Financing By

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