$2,900,000
WELCOME TO 1033 LA CADENA AVENUE a four-unit condo community nestled in the heart of one of Southern California's most desirable cities. Each of the four residences offers a spacious 3-bedroom, 3-bathroom floor plan with generous living areas ranging from 1,475 to 1,664 square feet with two-car garages and surface parking, making these among the largest condominium units available in Arcadia at this price point. Built in 1990, the complex sits on a generous 10,297-square-foot lot on La Cadena Avenue a quiet, tree-lined residential street that balances neighborhood tranquility with exceptional proximity to Arcadia's best amenities. Residents enjoy walkable access to the Westfield Santa Anita mall, the iconic Santa Anita Park racetrack, top-rated Arcadia Unified schools, and the vibrant dining and retail corridor along Huntington Drive and Baldwin Avenue. What makes this offering truly exceptional is its structure: all four condominiums are individually parceled with separate Assessor Parcel Numbers a configuration that has already cleared the most complex and costly step of a condo conversion. The property is currently operated as a single apartment building entity, meaning a new buyer has the flexibility to continue as a rental portfolio or establish a formal HOA and sell units individually without the need for further subdivision or entitlement work. The property is offered as a fully assembled four-pack a rare configuration in a city where individual condo inventory is tightly held and demand from Arcadia Unified School District families remains relentlessly strong. Whether the buyer intends to hold all four as a rental portfolio, occupy one unit and lease the others, or complete a thoughtful renovation and sell individually, 1033La Cadena presents a flexible, high-conviction opportunity in one of the San Gabriel Valley's premier addresses. This property includes four separate APN's - 5778-005-059, 060,061 & 062.
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Listed by Tim Steuernol with NAI Capital Commercial Inc. (818) 905-2400
Property Type
Residential Income
Status
Active
MLS Number
26836259
Year Built
N/A
Lot Size
10,298 sq ft