147 California Street
Listed by Joshua McIntire with McIntire Real Estate Inc. 818-618-7990
Sold

147 California Street

147 California Street, Arcadia, CA 91006

$2,050,000
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.

Studio

5,203 Sq.Ft. LIVING AREA

8,003 Sq.Ft. lot

Bia Kasten

Bia Kasten

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Common Area
  • Flooring Carpet, Laminate
  • Fireplace Living Room

Area & Lot

  • Status Sold
  • Living Area5,203 Sq.Ft.
  • Total Area5,203 Sq.Ft.
  • Lot Area8,003 Sq.Ft.
  • MLS® IDAR26022206
  • TypeMulti-Family
  • YEAR BUILT1973
  • View DescriptionMountain(s)

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • PoolNone
  • lot featuresLandscaped, Rectangular Lot, Sprinkler System
  • parkingAssigned, Carport, Garage
  • sewerPublic Sewer

Financial

  • Sales Price$2,050,000
  • Maintenance Fee $18,997/mo
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