161 Alice St, Arcadia, CA 91006

$1,470,000

$1,330,000

10.5%
Est.Price: ?

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Est. payment /mo

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 AR26113964

Sold Date 07/07/26

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1950

Lot Size 7,409 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

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinkler System

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Arcadia Unified

Others

Senior Community No

Tax ID 5779017007

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Xiang Rong Wei Pinnacle Real Estate Group 310-561-6629, DRE #01755056
Bought with Wei Chen RE/MAX 2000 REALTY

Nearby Locations

Calvin Gong

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(626) 537-5527

calvingong@gmail.com

2633 S Baldwin Ave, Arcadia, CA 91007, USA

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