
Arcadia, California 91006
This Residential Income Triplex represents a stable asset in the heart of the Arcadia Unified School District, listed at $1,998,000. Positioned near its $1,828,003 Fair Market Value, the property benefits from high rental demand due to its location directly across from Arcadia High School. Featuring a Condition Rating of 4, the 4,100 sqft structure includes separate utility meters and private laundry hookups, significantly reducing landlord expenses. With Mountain Views and proximity to Santa Anita Park, this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25 Fano Street Subject | $1,998,000* List Price | 0 | 0 | 4,100 | $446 | - |
A 148 California Street Sold | $1,940,000 | 0 | 0 | 4,857 | $399 | 0.3 mi |
B 147 California Street Sold | $2,050,000 | 0 | 0 | 5,203 | $394 | 0.3 mi |
C 1200 S Santa Anita Active Under Contract | $1,995,000 List Price | 5 | 3 | 3,237 | $616 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but significantly outdated, featuring 1960s-style wood paneling, vintage wallpaper, and older bathroom vanities. While recent functional improvements like laminate flooring and new appliances have been added, the overall aesthetic and fixtures show their age and require modernization to meet current market standards.
Situated directly across from award-winning Arcadia High School and near Santa Anita Park, this property commands high rental demand due to its proximity to top-tier schools and local amenities.
The property features separate electricity meters, individual water heaters, and private laundry hookups for each unit, significantly lowering landlord utility expenses and management complexity.
All three units offer generous two-story floor plans totaling over 4,100 square feet, providing a residential feel that attracts long-term tenants seeking more space than traditional apartments.
Built in 1963, the property may require ongoing maintenance or future capital expenditures for aging infrastructure systems despite recent cosmetic and appliance upgrades.
While the property offers six total spaces, Unit B lacks a private garage, which may result in lower relative rent or less appeal compared to the garage-equipped units.
3-unit Triplex 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 Mall, Race Track, and Arboretum. All units feature a 2-story floor plan with spacious bedrooms and recent upgrades. Unit A is approx. 1,305 rsf with 2 bed, 1.5 bath and its own 2 car garage. Laminated wood flooring throughout and new kitchen cooktop, garbage disposal, dishwasher, bathroom sink faucet, and shower head/faucet. Unit B is approx. 1,273 rsf with 2 bed, 1.5 bath and its own 2 open car spaces. Laminated wood flooring first floor and carpet upstairs. Unit C is approx. 1,522 rsf with 3 bed, 2 bath and its own 2 car garage. Laminated wood flooring first floor and carpet upstairs. New water heater, oven and range, and bathroom sink faucet/shower head. Total approx. 4,100 sq ft, Lot size approx. 8,365 sq ft. Beautiful and large front yard, middle courtyard, and backyard with vegetation/fruits that adds to the property aesthetic and charm. Each tenant has their own laundry hookups. 3 separate electricity meters. Each unit has their own water heater. 2 Car Garages with 2 spaces each and 2 Open Parking spaces. 6 total parking spaces.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,100 | 4,478.5 | 50% |
| Lot Size | 8,365 | 8,091 | 75% |
| Price | $2.00M | $1.97M | 50% |
| Price per sq ft | $487 | $443 | 50% |
| Built year | 1963 | 1969 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 554 | 97 | 0% |
Mar 26, 2026
$1,998,000
$1,968,000
+2% Price Increase
Initial Listing
Jan 1, 2026
$1,968,000
Initial Listing
Oct 15, 2024
$2,289,800
Initial Listing