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CALL FOR OFFERS: JUNE 5, 2026 1033 La Cadena Ave 4 Unit Apartment Building $3,983,817 CAD ($995,954 CAD/Unit) 3.53% Cap Rate Arcadia, CA 91007
Investment Highlights
- 4 Unit Condo Building Operating as Multifamily - 4 Separate Parcel Numbers
- Large 3+3 Townhome Style Units, 2-Car Garages, Corner Lot
- First Time Ever to Market & 2 Units Delivered Vacant
- Price at $725,000 per Unit | For-Sale Condos Averaging North of +/- $1,100,000 in the Market Area
Executive Summary
NAI Capital Commercial Inc. is proud to present 1033 La Caden 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, 1033 La Cadena presents a flexible, high-conviction opportunity in one of the San Gabriel Valley’s premier addresses.
Call for Offers: June 5, 2026
Property Tours: June 3, 2026 by appointment
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, 1033 La Cadena presents a flexible, high-conviction opportunity in one of the San Gabriel Valley’s premier addresses.
Call for Offers: June 5, 2026
Property Tours: June 3, 2026 by appointment
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,983,817 CAD | Building Class | C |
| Price Per Unit | $995,954 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 1,554 SF |
| Cap Rate | 3.53% | Average Occupancy | 100% |
| Gross Rent Multiplier | 18.08 | No. Stories | 3 |
| No. Units | 4 | Year Built | 1990 |
| Property Type | Multifamily | Parking Ratio | 5.79/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | ARR3* | ||
| Price | $3,983,817 CAD |
| Price Per Unit | $995,954 CAD |
| Sale Type | Investment |
| Cap Rate | 3.53% |
| Gross Rent Multiplier | 18.08 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 1,554 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1990 |
| Parking Ratio | 5.79/1,000 SF |
| Zoning | ARR3* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | $5,495 CAD | 1,664 |
| 3+3 | 1 | $4,590 CAD | 1,475 |
| 3+3 | 1 | $4,590 CAD | 1,530 |
| 3+3 | 1 | $5,495 CAD | 1,615 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5778-005-059 | Improvements Assessment | $318,323 CAD (2025) |
| Land Assessment | $70,134 CAD (2025) | Total Assessment | $388,458 CAD (2025) |
Property Taxes
Parcel Number
5778-005-059
Land Assessment
$70,134 CAD (2025)
Improvements Assessment
$318,323 CAD (2025)
Total Assessment
$388,458 CAD (2025)
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CALL FOR OFFERS: JUNE 5, 2026 | 1033 La Cadena Ave
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