Listing Agent: Xiang Rong Wei      Broker/Office: Pinnacle Real Estate Group
161 Alice St Arcadia CA 91006
$ 1,330,000
  3   |    2   |    1464 Sq Feet

Listing ID

#AR26113964

Status

Active

Property Type

Duplex

County

Los Angeles

Year Built

1950

Days on website

3

Description
Exceptional Investment Opportunity in the Heart of Arcadia
Located in one of Arcadia's most sought-after neighborhoods, this well-positioned duplex sits on a generous R3-zoned lot — offering not just immediate rental income, but significant long-term development potential for a 3-unit condominium project.
The property enjoys a desirable south-facing orientation, filling every unit with abundant natural light throughout the day. Whether you're a seasoned investor or looking to owner-occupy while building equity, this is a rare find in a high-demand market.

Residents enjoy walking distance access to some of Arcadia's finest amenities, including the Arcadia City Library, Arcadia High School, First Avenue Middle School, Dana Middle School, and the beautiful Arcadia Park.
Prime Location
Just minutes from the Santa Anita Mall, local restaurants, shops, and a nearby golf course — everything your tenants or future residents could need is right at their doorstep.
The Investment Case
With R3 zoning already in place, this lot is primed for a developer or investor looking to maximize returns through a 3-unit condo project. Arcadia's strong property values, excellent school district, and high rental demand make this an opportunity that rarely comes to market.
Location
Financial Information
List Price:  $ 1330000
Property Features
High School District:  Arcadia Unified
Laundry Features:  Inside
Levels:  One
Senior Community YN:  false
Structure Type:  Duplex
View:  Neighborhood
Water Source:  Public
High School District:  Arcadia Unified
Senior Community YN:  false
MLS Area Major:  605 - Arcadia
City:  Arcadia
Listed By:   Xiang Rong Wei   Pinnacle Real Estate Group 
CA Lic#