10/12/14 N DESOTO AVENUE

10 Units *** Multi-family / Retail mixed-use commercial investment opportunity!! Here's your chance to own a piece of history AND build your portfolio! Offered for sale is the J.L Jones building in downtown Arcadia. This gorgeous piece of architecture is situated in the heart of downtown and is surrounded by 2 major highways making it a prime location! The properties retail space, office space and residential rental income potential provides for a diversified income stream. The ground floor units have all been updated and are currently leased by commercial tenants which include a tax professional, barber shop, florist and cafe. The second floor has been leased as both office spaces and residential rental units in years past. 2 units are 2/1 apartments with full kitchens and the remaining units are currently set up as efficiencies or office space but could easily be converted to full apartment living. The second level is a blank slate to create spaces to meet your income needs! Did you say Airbnb, VRBO, how about a bed and breakfast? Arcadia is known for its quaint downtown area including antique shops, the Oak Street Market which takes place twice a month and numerous festivals held year around. This property sits right in the heart of all the activities and shopping Arcadia Main Street has to offer, making it a great investment for short term rental units. Come visit this historic gem, take a stroll down Oak Street and make an offer on your future investment!