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$2,050,000
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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.
Full Property Details
Full Property Details for 147 California St
General
- Sold For: $2,050,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26022206
- Added to Site: 69 day(s) ago
Interior
- Fireplace(s): Living Room
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Assigned, Carport
- Parking: Garage, Assigned, Carport
Location
- Area: 605 - Arcadia
- County: Los Angeles
- Development Name: 605 - Arcadia
- Driving Directions: From 210, South on Santa Anita, Left on California, Left Side
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Side
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,203
- Year Built: 1973
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.1837
- Lot Size Source: Assessor
- Lot Description: Landscaped, Rectangular Lot, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $394
- Price Per Unit: 487500
Listed by McIntire Real Estate Inc., Joshua McIntire
Sold by Compass, Beatriz Kasten
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Schools
Schools serving 147 California St
School District:Arcadia Unified School District
| Name | Grades | Distance |
|---|---|---|
Holly Avenue Elementary School 360 West Duarte Road, Arcadia, CA 91007 | K-5 | 1.3 mi |
First Avenue Middle School 301 South 1st Avenue, Arcadia, CA 91006 | 6-8 | 0.2 mi |
Arcadia High School 180 Campus Drive, Arcadia, CA 91007 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 147 California St
Date
Details
Price
Change
Source
3/24/2026
Sold
$2,050,000
5.13%
MLS
1/30/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
147 California Street, Arcadia, CA 91006 (MLS# AR26022206) is a Multi-Family property that was sold at $2,050,000 on March 24, 2026. Want to learn more about 147 California Street? Do you have questions about finding other Multi-Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

