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521 523 E Live Oak Avenue

Arcadia, CA 91006
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$6,840,000 $28,837/Mo
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Bed 0

Bed

Bath 0

Bath

SqFt10,108

Sqft

SqFt17,977

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $6,840,000

AD Id : 75584705

MLS Id : AR26041165

Lot Size : 17,977 Sqft

Living Area Size : 10,108

Year Built : 1960

County : Los Angeles

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Feature Features

  • Interior Features

    Open Floorplan, Quartz Counters, Unfurnished
    Roof: Shingle
    Appliances: Dishwasher, Disposal, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
    Laundry Features: Washer Hookup, Gas Dryer Hookup

  • Heating & Cooling

    Has Heating: Yes Heating: Ductless Has Cooling: Yes Cooling: Ductless

  • Building Information

    Year Built: 1960
    Building Area Total: 10108
    Construction Materials: Drywall, Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Mountain(s)

  • Lot Information

    Main Square Feet: 17977 Lot Size Acres: 0.4127 Lot Size Source: Assessor Lot Size Square Feet: 17,977 Lot Description: 31-35 Units/Acre,Lawn,Landscaped,Level,Near Public Transit,Rectangular Lot,Sprinklers Timer,Sprinkler System,Street Level,Value In Land

  • Listing Price Information

    Listing Price: $6840000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5790030016 Tax Lot: 5

  • Utility Information

    Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

  • Location Information

    Direction: east of Santa Anita Ave - on Live Oak Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2226 Cielo, Arcadia, CA, 91006 $3,520,000 8 7 6,103 6,103 SqFt
1229 Magnolia Court, Arcadia, CA, 91006 $3,280,000 5 5 4,434 4,434 SqFt
1918 Highland Oaks Drive, Arcadia, CA, 91006 $1,998,000 4 4 2,699 2,699 SqFt
1025 El Sur Avenue, Arcadia, CA, 91006 $3,788,888 7 9 7,015 7,015 SqFt
1104 E Camino Real, Arcadia, CA, 91006 $3,388,000 8 6 5,288 5,288 SqFt
2011 Canyon Road, Arcadia, CA, 91006 $1,698,000 3 2 2,022 2,022 SqFt
2047 Carolwood, Arcadia, CA, 91006 $2,690,000 4 4 3,852 3,852 SqFt
1845 Alta Oaks Drive, Arcadia, CA, 91006 $1,475,000 3 2 1,685 1,685 SqFt
1201 S 10th Ave, Arcadia, CA, 91006 $3,980,000 5 6 6,449 6,449 SqFt
1209 S 8th Avenue, Arcadia, CA, 91006 $3,188,000 3 5 4,876 4,876 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 03:52

MLS: AR26041165 LISTED BY: Handoko Chen, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

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