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Regal Real Estate and Financial Services
161 Alice St, Arcadia, CA 91006
- $1,470,000
- 3
- BD
- 2
- BA
- 1,464
- SqFt
- Sold Price
- $1,470,000
- List Price
- $1,330,000
- Closing Date
- Jul 07, 2026
- Status
- CLOSED
- MLS#
- AR26113964
- Year Built
- 1950
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,464
- Lot Size
- 7,408
- Acres
- 0.17
- Lot Location
- Sprinkler System
- Days on Market
- 6
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- One Level
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.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Neighborhood
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Arcadia Unified
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Xiang Rong Wei (homesbysharonw@gmail.com) from Listing Office: Pinnacle Real Estate Group.
Listing sold by Wei Chen from RE/MAX 2000 REALTY
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.