Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 2-bathroom multi-family at 161 Alice St in Arcadia, CA is listed for $1,330,000 ($908 per sqft). Built in 1950, the home offers 1,464 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 1950
- 0.17 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$7,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
161 Alice St
Arcadia, CA 91006
Features & Amenities
Exterior Features
Property Details
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 161 Alice St is listed at $1,330,000 ($908/sqft). The estimated monthly payment is $5,763 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.17 acre lot, 2 parking spaces. Exterior Features: Community Features Included: Street Lights, Sprinkler System.
This property is listed by Xiang Rong Wei and can be reached at 3105616629 or homesbysharonw@gmail.com.
