161 Alice St, Arcadia, CA 91006 | MLS #AR26113964 | Willis Allen Real Estate
 
  • 34 days on site
  • 1 views

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.

Source: CRMLS, MLS#: AR26113964

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  • Property Type
    Residential
  • Lot
    0.17 acres

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  • Median Age
    43
  • Population Density
    5,043
  • College Educated
    63%
  • Estimated Median Income
    $105,011
  • Estimated Total Home Owners
    7,343
  • Estimated Total Renters
    3,090
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    32,526
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 161 Alice St


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/26/2026Source: CRMLS Price Increase
$1,330,000 900.0%
5/26/2026Source: CRMLS Added to Database
May 26, 2026
5/26/2026Source: CRMLS Added to Database
May 26, 2026
Listing provided courtesy of Pinnacle Real Estate GroupXiang Rong Wei- MLS# AR26113964MLS ProviderContact Information: 626-888-9808