135 Diamond St Arcadia, CA 91006
Property Features for 135 Diamond St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1966
Source:
Elliman
Listing Agent: Clinton Cheung
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Arcadia Quadruplex Investment Opportunity
Located in the heart of Arcadia, this four-unit quadruplex offers a strong cash flow investment opportunity with potential for additional rental income. The property is situated in a peaceful neighborhood and highly desirable location, across from Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course. It is also nearby the Mall, Race Track, and Arboretum. A new roof was built in 2019, and a new water heater was installed in 2024. All units feature spacious bedrooms and recent upgrades. Unit 1 is a one-story unit with approximately 1,400 rsf, featuring 3 bedrooms and 2 bathrooms. Upgraded in 2018, it includes a new kitchen with granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint, and laminate wood flooring/baseboard throughout. The master suite includes a walk-in closet and full bath, and the unit has a private large front and side yard. Unit 2 is a two-story unit with approximately 1,200 rsf, featuring 2 bedrooms, 1.5 bathrooms, and a large backyard, with laminate wood flooring on the first floor and carpet on the second floor. Unit 3 is a two-story unit with approximately 1,450 rsf, featuring 3 bedrooms, 2 bathrooms, and a balcony. It has a wide and open floorplan connecting the living room, dining room, and kitchen, a covered balcony, a breakfast nook, a walk-in closet, a side closet, a full bath, and a private garage. Unit 4 is a two-story unit with approximately 1,400 rsf, featuring 2 bedrooms, 2 bathrooms, and a balcony. New wood flooring was installed in December 2024. It has a spacious great room layout combining dining and living areas. The master suite features a full bath and closet. The total approximate square footage is 5,848 sq ft on a lot size of approximately 7,968 sq ft. There is additional laundry income from the closed-off laundry room. Each tenant pays their own electric and gas meters, with one common area meter for each utility paid by the owner. There are 5 electric meters and 5 gas meters total. Tenants pay gas for cooking, while the owner pays gas for the water heater. There is one water meter that the owner pays. Parking includes 6 carport spaces, 1 private garage, and 1 open parking space, for a total of 8 parking spaces.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Los Angeles
- State
- California
- Longitude
- -118.0267866
- Latitude
- 34.1360116
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property in Arcadia with strong cash flow potential.
Where is this quadplex located?
The property is located at 135 Diamond St Arcadia, CA.
What is the asking price?
The asking price for this property is $2,498,000.
What are key features of this property?
This property features: - Prime Arcadia location across from Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course.; - Strong cash flow investment opportunity with potential for additional rental income.; - Four units with spacious bedrooms and recent upgrades.
