1106 S 8th Avenue
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Price Decreased |
$1,858,000
↓ $2K
(0.1%) | |
| Price Decreased | |||
| Jun 27, 2025 | Price Decreased |
$1,860,000
↓ $30K
(1.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed | $1,890,000 | |
| Listed | |||
| | |||
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Welcome to the 2 Remodeled Homes on One Lot – Arcadia School District! Priced like one, but you get 2!!! Don’t miss this rare opportunity to own two beautifully remodeled homes on a single lot, located in the highly sought-after Arcadia Unified School District. Nestled on a quiet, tree-lined street, this unique property offers exceptional flexibility—ideal for multi-generational living, rental income, or future development.
Front House (1106 S Eighth Ave),This spacious home features 4 bedrooms and 2.5 bathrooms with a bright, open floor plan. Highlights include a brand-new kitchen, modern bathrooms, new flooring, fresh interior and exterior paint, a new roof, new driveway, new electric water heater, and a smart garage door that can be controlled from your phone. Enjoy the private backyard with a new concrete patio—perfect for outdoor dining or afternoon tea—plus a rare, mature avocado tree that adds charm and value.
Back House (1108 S Eighth Ave), Charming and cozy, this updated home offers 2 bedrooms and 1.5 bathrooms, along with new flooring, an upgraded kitchen and bathrooms, and fresh paint throughout. The detached 2-car garage provides parking, storage, or potential for an ADU conversion.
Each home has separately permitted water, gas, and electric meters, along with private yard areas, offering both independence and privacy.
Conveniently located near award-winning Arcadia schools, parks, golf courses, the Arboretum, Santa Anita Park, The Shops at Santa Anita, and easy access to the 210 and 605 freeways. Live in one home and rent the other, host extended family, or invest in one of Arcadia’s most desirable and in-demand neighborhoods!
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| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017