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1017 Golden West Avenue, Arcadia, California 91007, Arcadia, 91007 - bed, bath

1017 Golden West Avenue, Arcadia, California 91007 home-pic-0
ACTIVE$6,980,000
1017 Golden West Avenue, Arcadia, California 91007
0Bed
0Bath
16,371Sqft
21,048Lot
Year Built
1991
Close
-
List price
$6.98M
Original List price
$7.39M
Price/Sqft
$426
HOA
-
Days on market
-
Sold On
-
MLS number
AR25162070
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $6.98M(96th), sqft - 16371(96th), beds - undefined(4th), baths - undefined(4th).

10 units Condo Style Apartment Building situated in the heart of prime Arcadia, Arcadia School District, Convenient location to Santa Anita Mall, 99 Ranch Market, Restaurants, Post Office, Schools, Library, Santa Anita Golf Course and Los Angeles County Arboretum & Botanical Garden, etc. 1017 Golden Ave comprises three buildings that offer all units 3 Bedrooms 2.5 Bathroom, units feature central A/C and Heat, Dishwashers, Washer/Dryer Hookups and separate meters for gas and electricity and direct access to the unit's 2 car garage. Building 1017- 2 units each unit appx. 1,590 Sq Ft , 1019 - 3 units each unit appx. 1,652 Sq Ft, 1021 - 5 units each unit appx. 1,642 Sq Ft, Two guest parking spaces.

Price History

Date
Event
Price
08/18/25
Price Change
$6,980,000
07/18/25
Listing
$7,388,000
Condition Rating
Fair
The property was built in 1991, making it 34 years old. The exterior images show a well-maintained but dated building with stucco and tile roofs, consistent with its age. There is no mention of recent major renovations in the description, and no interior images are provided to assess the condition, style, or features of the kitchens, bathrooms, flooring, or other interior components. While central A/C and heat, dishwashers, and washer/dryer hookups are present, their age and condition are unknown. The property appears functional but likely requires minor updates to meet current aesthetic and quality standards, aligning with the 'fair' category for a property built over 20 years ago with no major recent renovations.
Pros & Cons

Pros

Prime Location & School District: Situated in the heart of prime Arcadia, within the highly-rated Arcadia School District, offering convenient access to major retail (Santa Anita Mall, 99 Ranch Market), dining, services, and recreational facilities.
Desirable Unit Mix & Size: All 10 units are spacious 3-bedroom, 2.5-bathroom layouts, averaging approximately 1,600 sq ft, catering to a strong family rental market and providing ample living space.
Individual Unit Features & Utilities: Each unit is equipped with central A/C & heat, dishwashers, in-unit washer/dryer hookups, and separate meters for gas and electricity, reducing landlord utility burden and enhancing tenant appeal.
Ample & Convenient Parking: Every unit benefits from a direct-access 2-car garage, complemented by additional guest parking spaces, a significant advantage for tenants in a dense urban area.
Investment-Grade Multi-Family Asset: A 10-unit condo-style apartment building provides a substantial income-generating opportunity with diversification across multiple tenants, appealing to serious investors seeking stable returns.

Cons

Property Age & Potential Capital Expenditures: Built in 1991, the property is over 30 years old, suggesting that major systems (e.g., roof, HVAC, plumbing, electrical) may be original or nearing the end of their useful life, potentially requiring significant capital investment in the near future.
Limited Common Area Amenities: The description does not mention common amenities such as a pool, fitness center, or clubhouse, which could make the property less competitive compared to newer apartment or condo developments offering such features.
Multi-Building Management Complexity: Comprising three separate buildings could introduce additional complexities in terms of maintenance, security, and overall property management compared to a single, consolidated structure.

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