113 Diamond, Arcadia, California 91006, Arcadia, 91006 - 0 bed, 0 bath
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113 Diamond
Arcadia, California 91006
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,620Sq Ft
8,057Lot Size
Property Price
LIST PRICE$1,980,000
EST. MARKET VALUE
$2,322,034
14% BelowMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,980,000—positioned well below the $2,322,034 Fair Market Value by 14%. This valuation gap offers $342,034 in Instant Equity. With a Condition Rating of 3, the property features a 2016-rehabbed front house and 2023-updated unit, ensuring immediate rental stability. Located in the prestigious Arcadia School District, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack with significant ADU development potential.
Estimated Market Value
$2,322,034+$342,034 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Arcadia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 113 Diamond Subject | $1,980,000* List Price | 0 | 0 | 3,620 | $641 | - |
A 1200 S Santa Anita Sold | $2,050,000 | 5 | 3 | 3,237 | $633 | 0.7 mi |
B 154 Diamond Street Active | $2,150,000 List Price | 0 | 0 | 3,485 | $617 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1988, the property has undergone significant recent renovations, including a full rehab of the front house in 2016 (8 years ago) and Unit C in 2023 (1 year ago). The systems are described as well-maintained, and the interior images show clean, updated bathroom facilities, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
Situated in the highly sought-after Arcadia School District, this property offers significant appeal for families and long-term tenants, ensuring high demand and low vacancy rates.
- Value-Add Potential
The property features month-to-month tenancies with below-market rents and the potential to add multiple ADUs, providing a clear path for investors to increase cash flow and equity.
- Turnkey Condition
With the front townhome rehabbed in 2016 and Unit C updated in 2023, the property is well-maintained and features modern amenities like central air, reducing immediate capital expenditure needs.
CONSRISKS & DEFICIENCIES
- Negative Price Appreciation
The current list price of $1.98M is lower than the 2022 sale price of $2.04M, which may indicate a correction in local market value or a need for a quick exit by the seller.
- Density Constraints
While there is ADU potential, the existing layout with units above garages on an 8,057 sq. ft. lot may present construction challenges or limit parking availability if further developed.
About 113 Diamond
Great for owner occupy with front house (3Bedrooms + 2.5 baths Townhome, 1,550 sq/ft., fully rehabbed in 2016) with 2 car garages and two (2bed+2bath, 1,050 sq./ft.) units above the Two 2 car garages with large balconies. All units are on month to month and rents has not been raised in over a year. Unit C was rehabbed in 2023. Great Arcadia location, Arcadia School district, Potential for multiple ADUs., Well maintained Central Air.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1988
- Lot Size
- 8,057 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,620 | 1,464 |
| Lot Size | 8,057 | 7,408 |
| Price | $1.98M | $1.48M |
| Price per sq ft | $547 | $875 |
| Built year | 1988 | 1950 |
| HOA | $0 | $0 |
| Days on market | 5 | 58 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,980,000
Initial Listing
Sold
Jul 1, 2022
$2,040,000
Public Record