4-unit Quadruplex in the heart of Arcadia within a peaceful neighborhood and highly desirable location. Strong cash flow investment and great potential for additional rental income. Great investment opportunity right across from the award winning Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course, and nearby the Mall, Race Track, and Arboretum. The property features a new roof built in 2019 and new water heater in 2024. All units enjoy spacious bedrooms and recent upgrades. Unit 1 is 1-story approx. 1,400 rsf with 3 bed, 2 bath. Includes its own private large front yard and side yard for enjoyment. Upgraded in 2018 with a new kitchen, granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint and laminate wood flooring/baseboard throughout the unit. The master suite features its own walk in closet and full bath. Unit 2 is 2-story approx. 1,200 rsf with 2 bed, 1.5 bath and its own large backyard. Laminate wood flooring first floor and carpet second floor. Unit 3 is 2-story approx. 1,450 rsf with 3 bed, 2 bath and its own balcony. With a wide and open floorplan connecting the living room, dining room, and kitchen, it is a favorite for those with a vision. Enjoy breakfast on the covered balcony or the nook next to the kitchen. The master suite boasts a walk in closet and an additional side closet to go along with a full bath. It includes its own private garage. Unit 4 is 2-story approx. 1,400 rsf with 2 bed, 2 bath and its own balcony ideal for a breakfast nook. Brand new wood flooring Dec 2024 throughout the unit. A spacious great room layout combining dining and living with large bedrooms. The master suite features its own full bath and closet. Total approx. 5,848 sq ft, Lot size approx. 7,968 sq ft. There is additional laundry income from the closed off laundry room. Each tenant pays their own electric meter and there's one common area electric meter that Owner pays. 5 electric meters total. Each tenant pays their own gas meter and one common area meter. 5 gas meters total. Tenant pays gas for cooking. Owner pays gas for water heater. One water meter that Owner pays. 6 Carport spaces, 1 private garage, and 1 open parking space. 8 total parking spaces.
Property Details
Property Features
Property Information:
Year Built: 1966
Stories: 2
Listing Office:
Office Name: Coldwell Banker Dynasty T.C.
Office Phone: (626) 623-2325
Listing Agent: Clinton Cheung
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Water Heater
This property is $1.5M more than the Median Sold Price in Arcadia, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24212685
Listing Office:
Office Name: Coldwell Banker Dynasty T.C.
Office Phone: (626) 623-2325
Listing Agent: Clinton Cheung
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Camino Grove Elementary School
700 Camino Grove Ave
Distance between this listing and this school0.95 miles
Public District Grades KG-5
8
/10
Holly Avenue Elementary School
360 W Duarte Rd
Distance between this listing and this school1.23 miles
Public District Grades KG-5
4
/10
Monroe Elementary School
402 W Colorado Blvd
Distance between this listing and this school1.25 miles
Public District Grades KG-5
Nearby Schools
8
/10
First Avenue Middle School
301 S 1st Ave
Distance between this listing and this school0.13 miles
Public District Grades 6-8
8
/10
Richard Henry Dana Middle School
1401 S 1st Ave
Distance between this listing and this school0.84 miles
Public District Grades 6-8
8
/10
Foothills Middle School
171 E Sycamore Ave
Distance between this listing and this school1.20 miles
Public District Grades 6-8
Nearby Schools
5
/10
Rancho Learning Center (Alternative)
150 S 3rd Ave
Distance between this listing and this school0.26 miles
Public District Grades 1-12
9
/10
Arcadia High School
180 Campus Dr
Distance between this listing and this school0.80 miles
Public District Grades 9-12
7
/10
Monrovia High School
845 W Colorado Blvd
Distance between this listing and this school0.91 miles
The neighbors living near this home have an average income of $71,699. Most Arcadia, CA residents have annual incomes between $35k-100k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.
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This home is located at 135 Diamond St in Arcadia, CA and zip code 91006 in the The San Gabriel Valley neighborhood. This home, which was built in 1966, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $2,980,000.
Over 12 listings were sold over their listed price in November 2024 in Arcadia, CA. In the same period over 14 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Arcadia, CA decreased by 2.9% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $1,452,000.
From Rocket Homes Real Estate and based on county public records data.