Kenny Jervis

REALTOR® | Luxury Collection Specialist
License# 00834276

161 Alice St, Arcadia, CA 91006 (Sold on )

  • Open House
  • New Listing
  • Price Reduced$1,197,000
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
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 $1,330,000

  • 3 BedBeds
  • 2 BathBaths
  • 1,464 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# AR26113964

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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.

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Kenny Jervis

License# 00834276

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Property Details 161 Alice St, Arcadia, CA 91006

General

  • MLS#: AR26113964
  • Property Type: Single Family
  • Property Sub Type: Duplex
  • List Date: 05/26/2026
  • Year Built: 1950
  • Area: 605 - Arcadia
  • County: Los Angeles
  • Beds: 3
  • Full Bath: 2
  • Total Baths: 2
  • Association Fee: $0.00

Interior Features

  • Interior Features: All Bedrooms Down
  • Laundry Features: Inside

Exterior Features

  • Community Features: Street Lights
  • Private Pool: No
  • Pool Features: None
  • Garage Spaces: 2

Schools

  • High School District: Arcadia Unified

Structure

  • Stories: 1
  • Attached Garage: No

Size & Lot

  • Lot Size Acres: 0.1701
  • Lot Size SqFt: 7,408
  • Lot Features: Sprinkler System

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer

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