161 Alice St, Arcadia, CA 91006

• 3 beds |
• 2 baths |
• 1,464 sqft

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.

Listing Status:

Active

Date Added:

May 26, 2026

Data Last Updated:

June 12, 2026 at 11:11PM

Listing Office:

Pinnacle Real Estate Group : 626-888-9808

Listing Agent:

Xiang Rong Wei : 310-561-6629

MLS ID:

AR26113964

Interior

• A/C: Wall/Window
• Fireplace: N/K

Exterior

• Pool: N/K
• Parking: Parking spaces: 2

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 5779017007
• View: Neighborhood

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS