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Arcadia Quadruplex Investment Opportunity
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135 Diamond Street, Arcadia, CA 91006

Four-unit property near Arcadia High School with strong cash flow.

Property SizeContact for details
Days on Market681

Property Features for 135 Diamond Street

General Information

Standard status Active
Property subtype Multifamily
Zoning ARR3YY
Listing Agency: Coldwell Banker Dynasty T.C.
Listed By: Clinton Cheung · License #02109380
Source: Crexi
Added: Oct 17, 2024 Changed: Aug 8 Last Checked: Jul 23 at 1:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Dynasty T.C.

Investment Insights

Based on property information with market context.

This four-unit quadruplex is located in Arcadia, in a desirable neighborhood. The property presents a strong cash flow investment with potential for additional rental income. It is situated across from Arcadia High School, First Ave Middle School, the Public Library, Santa Anita Park and Golf Course, and is near the Mall, Race Track, and Arboretum. The property features a new roof built in 2019 and a new water heater installed in 2024. All units have spacious bedrooms and recent upgrades. Unit 1 is a one-story unit with approximately 1,400 square feet, featuring 3 bedrooms and 2 bathrooms. It includes a private front yard and side yard. Upgrades in 2018 included a new kitchen with granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint, and laminate wood flooring/baseboard. The master suite has a walk-in closet and full bath. Unit 2 is a two-story unit with approximately 1,200 square feet, 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 square feet, featuring 3 bedrooms, 2 bathrooms, and a balcony. It has an open floorplan connecting the living room, dining room, and kitchen, and includes a covered balcony and breakfast nook. The master suite includes a walk-in closet, an additional side closet, and a full bath, as well as a private garage. Unit 4 is a two-story unit with approximately 1,400 square feet, featuring 2 bedrooms, 2 bathrooms, and a balcony. New wood flooring was installed in December 2024.

Key Highlights

  • Prime location in Arcadia, across from Arcadia High School, near other schools, library, Santa Anita Park and Golf Course, mall, racetrack, and Arboretum.
  • Strong cash flow investment with potential for increased rental income.
  • Four units provide diverse rental opportunities and income streams.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Food Market Butcher Mobile Phone Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,709
Businesses Nearby

Demographics for 91006, CA

31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property near Arcadia High School with strong cash flow.
Where is this quadplex located?
The property is located at 135 Diamond Street 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 location in Arcadia, across from Arcadia High School, near other schools, library, Santa Anita Park and Golf Course, mall, racetrack, and Arboretum.; Strong cash flow investment with potential for increased rental income.; Four units provide diverse rental opportunities and income streams.
(626) 309-1900 Call to check price and availability
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