LIVE OAK ARCADIA, a 13-unit Luxury Mid-Century modern garden style apartment (renovated in 2022) in the highly desirable City of Arcadia, CA. This offering provides an extremely rare opportunity for investors to acquire a beautifully upgraded apartment community in one of most desirable sub-market throughout San Gabriel Valley. This offering comes with an approved plan for Two (2) additional dwelling units (ADUs); each ADU is around 725 sf which will add additional 1,450sf to the building size. There is NO LOCAL rent control in Arcadia which allows maximum rent increase of 5% + CPI per AB1482 (maximum 10% rent increase). This property is located within the prestigious Arcadia School District. LIVE OAK ARCADIA is an attractive two-story garden style gated community that was built in 1960 and renovated in 2022. It is situated on a LARGE lot of 17,977 SF and offers excellent curb appeal with manicured landscaping, complete with large front yard and back yard with seating area. The property has undergone a massive renovation in 2022 which includes: all units upgraded, updated rough mechanical + electrical + and plumbing system (main line is not updated), new drought-tolerant landscaping, new secured entrance and new parking gate, new property faade and signage, new exterior painting, new HVAC and exhaust systems, roof was not upgraded (in good condition) and much more. It has excellent curb appeal with mature trees in the front and a secured entrance. Walking into the courtyard area, tenants will enjoy a beautifully landscaped community garden with park settings complete with s