147 California St Arcadia, CA 91006
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | Pending | -- | -- | -- |
| 01/30/2026 01/30/26 | For Sale | $1,950,000 | -- | $375 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26022206
APN: 5773-020-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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