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161 Alice St, 
Arcadia, CA 91006

$1,330,000


3

Beds


2

Baths


1,464

Sq Ft


Multi-Family

Active

Listed by

Xiang Rong Wei

Pinnacle Real Estate Group

Last updated:

May 27, 2026, 02:45 AM

MLS#

AR26113964

Source:

CAREIL

About This Home

161 Alice St

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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1950

Price Summary

1,330,000

$908 per Sq. Ft.

MLS #:

AR26113964

Last Updated:

May 27, 2026, 02:45 AM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,464 Sq. Ft.


Structure

Structure

Building Area:

1,464 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

7,408


Finances & Disclosures

Finances

Price:

$1,330,000

Price per Sq. Ft:

$908 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.