147 California Street, Arcadia, CA 91006

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Sold Price
$2,050,000
List Price
$1,950,000
Closing Date
Mar 24, 2026
Status
CLOSED
MLS#
AR26022206
Year Built
1973
Lot Size
8,003
Acres
0.18
Lot Location
Landscaped, Rectangular Lot, Sprinkler System
Days on Market
13
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

151 California is a fully leased four-unit multifamily property located on a quiet, tree-lined street in the heart of Arcadia. The property features four large, well-configured units and a history of stable, long-term tenancy, providing immediate and reliable cash flow from day one. Current rents are below market, offering a clear and achievable opportunity for future income growth through natural turnover or strategic rent adjustments. The asset benefits from Arcadia’s consistently strong rental demand, limited multifamily supply, and desirable residential character. Tenants enjoy proximity to shopping, dining, schools, and major commuter routes, while the surrounding neighborhood reflects great pride of ownership. Four-unit properties of this quality and scale rarely come to market in Arcadia, making this an attractive option for investors seeking a low-management, income-producing asset with built-in upside in one of the San Gabriel Valley’s most stable submarkets.

Additional Information

Pool Description
None
Fireplace Description
Living Room
View
Mountain(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$94,726
Operating Expense
38249

Listing courtesy of Listing Agent: Joshua McIntire (info@mcintireRE.com) from Listing Office: McIntire Real Estate Inc..

Listing sold by Beatriz Kasten from COMPASS

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.