Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal for residential assisted living, adult care, sober living, transitional housing, or premium rental income with high ROI! Nearly ½-acre property w/ 3BR/2BA single-family+ 4-plex w/ 1BR/1BA units, each w/ private yard! Excellent setup for assisted living… Read More or adult care model w/ multiple living spaces & inviting amenities for high quality of life. True turnkey asset w/ full cosmetic remodel in 2022. Low operating expenses & no major capital outlay required to create immediate revenue opportunity. Desirable outdoor living w/ pool, hot tubs, bocce ball and lots of green space. Block wall perimeter with controlled access for privacy & security. Expanded income options w/ minimal modifications too! remodel completed in 2022 makes this a true turnkey asset, reducing near-term capital expenses and positioning the property for immediate operation. The grounds are designed for lifestyle and engagementan important value driver for both premium rentals and care-related housingfeaturing putt-putt golf and bocce ball. A private pool is secured and closed off exclusively to the main home, adding an additional amenity layer and operational flexibility. Block walls around the perimeter provide exceptional privacy and a secure, enclosed environmentideal for resident comfort, quiet enjoyment, and controlled access. Read Less
Courtesy of eXp Realty 888-897-7821
Listing Snapshot
Days Online
60
Last Updated
Property Type
Multiple Dwellings
Year Built
1955
MLS Number
6979920
30 Days Snapshot Of 85018
$2.02M
+8%
(avg) sold price
40
-37%
homes sold
101
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Built-In Range", "Refrigerator", "Washer/Dryer"
Building
Built in 1955, Construction materials: "Brick Veneer", "Painted", "Adobe", "Block", 5 total units
Cooling
"Electric"
Expenses
Electric: $6,992, Fuel: $896, Maintenance: $2,100, Water sewer: $7,434
Floors
"Ceramic Tile"
Heating
"Electric"
Parking
"<1 Space Per Unit", 11 total parkings
Property
Zoning: R-3
Roof
"Composition", "Tile", "Foam"
Sewer
"Public Sewer"
Taxes
Annual amount: $2,239, Lot: 10
Utilities
"APS"
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