$1,950,000
UNDER CONTRACT

147 California St Arcadia, CA 91006

Total Views 814
8 Beds
7 Baths
5,203 Sq Ft
$375 Price per Sq Ft

Highlights

  • Golf Course Community
  • Mountain View
  • Park
  • Holly Avenue Elementary School Rated A+
  • Hiking Trails
  • 3-minute walk to Bonita Park

About This Home

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.

Listing Agent

Josh McIntire

McIntire Real Estate Inc. Brokerage Phone: 818-618-7990 License #01851216 Listed on: 01/30/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,003 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 5,203 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 13 / 65
  • Tax Tract Number 4308
  • Assessor Parcel Number 5773020014
  • $1,544 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $6,028
  • Maintenance Expense $18,997
  • Professional Management Expense $5,176
  • Trash Expense $2,128
  • Water Sewer Expense $1,630
  • Operating Expense $38,249
  • Gross Income $94,726
  • Net Operating Income $56,477

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

8,003 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 5176.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1630.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5773020014
  • Year Built: 1973
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 374.78

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2128.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Golf, Hiking, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 8003.00
  • Lot Size Acres: 0.1837
  • Latitude Manual: 34.13705500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 2100 Square Feet
  • Gross Income: 94726.00
  • Gross Scheduled Income: 94726.00
  • Insurance Expense: 6028.00
  • Lot Size Area: 8003.0000 Square Feet
  • Maintenance Expense: 18997.00
  • Net Operating Income: 56477.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 38249.00
  • Rent Control: Yes
  • Total Actual Rent: 4.00
  • Total Expenses: 38249.00

Tax Info

  • Tax Block: 65
  • Tax Lot: 13
  • Tax Tract Number: 4308.01
  • TaxOtherAnnualAssessmentAmount: 1544.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,893 $229,411 $39,675 $189,736
2024 $3,893 $224,914 $38,898 $186,016
2023 $3,827 $220,505 $38,136 $182,369
2022 $3,721 $216,183 $37,389 $178,794
2021 $3,624 $211,945 $36,656 $175,289
2019 $3,555 $205,661 $35,570 $170,091
2018 $3,340 $201,629 $34,873 $166,756
2016 $3,147 $193,802 $33,520 $160,282
2015 $3,097 $190,892 $33,017 $157,875
2014 $3,084 $187,154 $32,371 $154,783
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 For Sale $1,950,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26022206

California Regional Multiple Listing Service (CRMLS)

APN: 5773-020-014

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