154 Diamond Street, Arcadia, CA 91006
- $2,150,000
- List Price
- $2,150,000
- Status
- ACTIVE
- MLS#
- AR26166673
- Year Built
- 1988
- Lot Size
- 8,013
- Acres
- 0.18
- Lot Location
- Front Yard, Lawn, Landscaped
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Triplex
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!
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $107,400
- Operating Expense
- 13260
Listing courtesy of Listing Agent: Peggy Fong Chen (peggy.pfcgroup@gmail.com) from Listing Office: Re/Max Omega.
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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.