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$2,500,000
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470 Fairview Ave
Arcadia, CA 91007
6 bed 6 bath 4,076 SqFt ($613/SqFt)
9,992SqFt lot. Built 1962
Listed 2023-09-21, Taxes $8,142
Ⓧ USDA Ineligible
due to price & location

near Arcadia

Latest Value Estimates: $2,532,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$2,560,427 in 2025-02-01 by Collateral Analytics.

Visitors and neighbors have often said that 470 has the best landscaped yard on Fairview.

This loc ation, in the heart of Arcadia, has numerous activities for everyone. There is the Arboretum, golf course, race track, Santa Anita Mall, health facilities and outstanding educational institutions. The building ws all constructed with radiant floor heating and has marble counter tops in the bathrooms. The four units has large living rooms, bedrooms and ample closet space. The two lower unites have outside patios and the other two units have covered outside space for relaxing.

The pretty building was constructed as an all electric structure with the thought of climate change in mind many years ago. Some of the Features include 6 total bedrooms, 6 bathrooms, 6 parking spaces, 4076 square feet in building, 9992 square foot lot, separate laundry room and owners storage room. Unit A is appx 1200 sf with 2 bedrooms, 1.75 baths, Fireplace and Central HVAC. Unit B is appx 800 sf with 1 bedrooms and 1 bath. Unit C is appx 1200 sf with 2 bedrooms, 1.75 baths and fireplace. Unit D is appx 800 sf with 1 bedroom and 1 bath. Units B, C and D have radiant heat and wall AC.


Presented by Stuart Wagoner at
CENTURY 21 Village Realty.


Property MLS #AR23169113 from CRMLS

Bedrooms: 6

Ceiling Fan(s)
Granite Counters
Flooring: Carpet, Laminate

Appliances: Dishwasher, Electric Range, Free-Standing Range, Refrigerator, Water Heater
Appliances YN: Yes
Laundry Features: Common Area, Individual Room

Cooling Features: Central Air, Wall/Window Unit(s)
Fireplace Features: Wood Burning
Heating Features: Central, Fireplace(s), Forced Air, Radiant
Heating: Yes

Full Bathrooms: 6

Rain Gutters
Road Frontage Type: City Street
Road Surface Type: Paved

Carport Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport
Parking Total: 6

Lot Description: Landscaped, Sprinkler System, Sprinklers Timer
Lot Size Acres: 0.2293848
Lot Size Source: Assessor
Lot Size Square Feet: 9992

View: Mountain(s)

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 2400.00

Number of Units Leased: 2
Tenant Pays: Cable TV, Electricity, Telephone

Community Features: Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: 605 - Arcadia
Source Neighborhood: 605 - Arcadia
Number of Separate Electric Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5778010088
Postal Code Plus 4: 6817
Trash Expense: 1800.00
Zoning: ARR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$446,616 + $191,397
$638,013
$8,142
2021$437,859 + $187,645
$625,504
$7,975
2020$433,370 + $185,721
$619,091
$7,882
2019$424,873 + $182,080
$606,953
$7,795
2018$416,543 + $178,510
$595,053
$7,498
2017$408,376 + $175,010
$583,386
$7,496
2016$400,369 + $171,579
$571,948
$7,258
2015$394,356 + $169,002
$563,358
$7,134
2014$386,632 + $165,692
$552,324
$7,059
2013$384,885 + $164,944
$549,829
$7,061
2012$377,339 + $161,710
$539,049
$6,950
2010$369,941 + $158,540
$528,481
$6,501
2009$368,050 + $157,730
$525,780
$6,426
2009$367,177 + $157,356
$524,533
$6,426
2008$360,834 + $154,638
$515,472
$6,280
2007$353,759 + $151,606
$505,365
$6,139

Price Changed 2023-11-14
$2,500,000
CRMLS
Listed 2023-09-21
$2,688,888
CRMLS
Sold 1986-05-01
$340,000
Public Record

Net Operating Income: 102280.00

Total Square Feet Living: 4076
Year Built: 1962
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Stucco
Entry Level: 1
Entry Location: various
Property Age: 62
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Traditional
Year Built Source: Appraiser

Electric: Standard
Electric Expense: 720.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3600.00
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public

Holly Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Arcadia High School is a public high school located approximately 0.7 miles away.
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First Avenue Middle School is a public middle school located approximately 1.3 miles away.
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Holy Angels Elementary School is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.