161 Alice St, Arcadia, CA 91006
161 Alice St, Arcadia, CA 91006
161 Alice St, Arcadia, CA 91006
Listed by Xiang Rong Wei • Pinnacle Real Estate Group
$1,470,000
Est. payment /mo
Est.Price: ?

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3 Beds
2 Baths
1,464 SqFt
SOLD DATE : 07/07/2026

Key Details

Sold Price $1,470,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,464 sqft

Price per Sqft $1,004

MLS Listing ID AR-26113964

Bedrooms 3

Full Baths 2

Year Built 1950

Lot Size 7,408 Sqft

Property Sub-Type Duplex

Property 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

State CA

County Los Angeles

Area 605 - Arcadia

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

Community Features Street Lights

View Y/N Yes

Building

Lot Description Sprinklers, Sprinkler System

Sewer Public Sewer

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NEARBY SCHOOLS & BUSINESSES

Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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