154 Diamond Street, Arcadia, CA 91006
154 Diamond Street, Arcadia, CA 91006
154 Diamond Street, Arcadia, CA 91006
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Listed by Peggy Fong Chen • Re/Max Omega
$2,150,000
Est. payment /mo
3,485 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,485 sqft

Price per Sqft $616

MLS Listing ID AR-26166673

Year Built 1988

Lot Size 8,013 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Exceptional Arcadia Triplex + Turnkey Investment + Immediate Cash Flow! Located within the highly acclaimed Arcadia Unified School District. This well-maintained, fully occupied triplex provides the ideal unit mix. Featuring a 3 bedroom, 2.5 bathroom townhome style front unit and two spacious 2 bedroom, 2 bathroom units that offers broad tenant appeal and strong, consistent rental income. Each unit is separately metered with functional floor plans, generous living space, attached direct access 2 car garages and individual washer/dryer hookups for added tenant convenience. Major capital improvements include brand-new air conditioning systems installed in all three units in 2023, providing significant value and minimizing future maintenance costs. Pride of ownership is evident throughout, making this a true turnkey asset. This premier income property attracts quality, long-term tenants and enjoys excellent rental demand. With all units leased and producing immediate cash flow, this is excellent for investment or exchange on a low-maintenance, stable income property in one of the San Gabriel Valley's strongest rental markets. Rarely available in such a prime location, this Arcadia triplex offers the perfect combination of location, quality, and long-term investment potential. Don't miss this outstanding opportunity!

Location

State CA

County Los Angeles

Area 605 - Arcadia

Interior

Heating Central

Fireplaces Type Living Room

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Parking Features Garage, Direct Garage Access

Garage Spaces 6.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

View Y/N Yes

Building

Lot Description Front Yard, Landscaped, Lawn

Sewer Public Sewer


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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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154 Diamond Street