$2,480,000

154 Diamond St Unit B Arcadia, CA 91006

Estimated payment $14,211/month

Total Views 152
7 Beds
6 Baths
3,485 Sq Ft
$712 Price per Sq Ft

Highlights

  • Wood Flooring
  • Lawn
  • Living Room Balcony
  • Holly Avenue Elementary School Rated A
  • No HOA
  • 8 Car Direct Access Garage

About This Home

"PRIME ARCADIA TRIPLEX - A+ LOCATION & STABLE INCOME! An exceptional investment opportunity in one of Arcadia's most desirable neighborhoods. This well-maintained triplex offers an ideal unit mix of a spacious 3-bed, 3-bath front unit and two comfortable 2-bed, 2-bath rear units, ensuring broad tenant appeal and consistent cash flow.

Located within the highly acclaimed Arcadia Unified School District, renowned for its award-winning schools and top-tier high school scores, this property attracts quality, long-term tenants.

The property is fully-occupied, providing immediate, stable income from day one. Significant capital improvements include brand-new air conditioning systems for ALL three units (installed 2023), a crucial and costly upgrade that provides peace of mind for years to come. For ultimate convenience, each unit is equipped with its own washer and dryer hookups. With its unbeatable location, proven income stream, and major recent upgrades, this is the turnkey investment you've been waiting for. Don't miss this rare opportunity to own a premier income property in the heart of Arcadia!"

Listing Agent

Dan Inoue

eXp Realty of Greater Los Angeles, Inc. Brokerage Phone: 949-259-8496 License #02200247 Listed on: 09/27/2025

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,752

Year Built

  • Built in 1988

Lot Details

  • 8,011 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Sprinklers on Timer
  • Lawn
  • Front Yard

Parking

  • 8 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Apartment
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,485 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Living Room Balcony
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 23 / 64
  • Tax Tract Number 4308
  • Assessor Parcel Number 5779003022

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,560
  • Insurance Expense $6,000
  • Other Expense $1,000
  • Trash Expense $180
  • Water Sewer Expense $3,600
  • New Taxes Expense $29,760
  • Operating Expense $42,100
  • Net Operating Income $64,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,752

Year Built

Built in 1988

Lot Details

0

Parking

8

Listing Details

  • Assessments: No
  • CapRate: 2.58
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3600.00
  • Zoning: ARR3YY
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 5779003022
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Living Room Balcony, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 711.62
  • Room Type: Kitchen, Living Room, Primary Bathroom, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Paved, Garage Faces Rear, Private
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 180.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 8011.00
  • Lot Size Acres: 0.1839

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 106200.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 8011.0000 Square Feet
  • Net Operating Income: 64100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 42100.00
  • Other Expense: 1000.00
  • Other Expense Description: Tests
  • Rent Control: No
  • Total Actual Rent: 8850.00
  • Total Expenses: 42100.00

Tax Info

  • New Taxes Expense: 29760.00
  • Tax Block: 64
  • Tax Lot: 23
  • Tax Tract Number: 4308.01

Map

Range of Values:

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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 $12,752 $1,094,656 $423,139 $671,517
2024 $12,752 $1,073,193 $414,843 $658,350
2023 $12,491 $1,052,151 $406,709 $645,442
2022 $12,086 $1,031,522 $398,735 $632,787
2021 $11,854 $1,011,297 $390,917 $620,380
2019 $11,573 $981,303 $379,323 $601,980
2018 $11,249 $962,063 $371,886 $590,177
2016 $10,963 $924,707 $357,447 $567,260
2015 $10,773 $910,818 $352,078 $558,740
2014 $10,635 $892,978 $345,182 $547,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2025 09/27/25 For Sale $2,480,000 0.0% $712 / Sq Ft
03/27/2021 03/27/21 Rented $2,300 0.0% --
03/18/2021 03/18/21 Under Contract -- -- --
03/12/2021 03/12/21 For Rent $2,300 +2.2% --
08/14/2019 08/14/19 Rented $2,250 0.0% --
08/09/2019 08/09/19 Under Contract -- -- --
08/07/2019 08/07/19 For Rent $2,250 +9.8% --
12/16/2014 12/16/14 Rented $2,050 -2.4% --
11/16/2014 11/16/14 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $2,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $196,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $425,400 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25216201

California Regional Multiple Listing Service (CRMLS)

APN: 5779-003-022