Home | Los Angeles County | Arcadia | 91006 | 161 Alice St
MLS: CRAR26113964 | Status: Active | Price: $1,330,000
Beds/Baths: 3 / 2
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 3 | 2 | 1,464 | 7,408 | 1950 |
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.
| Field | Value |
|---|---|
| MLS # | CRAR26113964 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Appliances | Other |
| Family Room | Other |
| Fireplace | None |
| Laundry | Other |
| Cooling | Window/Wall Unit |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| Elementary District | Arcadia Unified |
| High School District | Arcadia Unified |
| HOA Fee | $0 |
Xiang Rong Wei
Pinnacle Real Estate Group
License #: 01755056
Phone: –
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 5550 El Monte | $1,400,000 | 5 | 3 | 2,440 | PendingDoNotShow |
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This listing information is up-to-date as of May 27, 2026. For the most current information, please contact Xiang Rong Wei.