16 20 S Santa Anita Avenue, Arcadia, CA 91006

$1,280,000

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List Price
$1,280,000
Price Change
▼ $48,000 1780357629
Status
ACTIVE UNDER CONTRACT
MLS#
P1-26343
Year Built
1958
Lot Size
7,859
Acres
0.18
Lot Location
Sprinklers Timer
Days on Market
136
Property Type
Multifamily
Style
Traditional
Stories
One Level
Neighborhood
Not Applicable

Property Description

Excellent opportunity for investors, owner-users seeking supplemental income, or those looking for a multi-generational living setup. Offered for the first time since 1986, this well-located triplex sits directly across from the Santa Anita Golf Course and Arcadia County Park, with access to tennis courts, pickleball, lawn bowling, and more. Just a couple of blocks away are popular local favorites including Claro's Italian Market, All India Cafe, Tori Tori Shabu & Sushi, Tekosu Cafe, Villa Catrina, and Maki & Sushi. The property also enjoys close proximity to Westfield Santa Anita, the Santa Anita Racetrack, the Arboretum, biking and hiking trails, and convenient access to the 210, 10, and 605 freeways. Local hiking trails in the neighborhood include Mount Wilson Trail, Bailey Canyon and Sturtevant Falls, just to name a few! Unit 16 offers 1 bedroom, 1 bathroom, and laundry hookups in the kitchen (approx. 600 sq ft). Unit 18 includes 1 bedroom, 1 bathroom (approx. 600 sq ft), and features sliding doors from the living room to a large private patio with a lemon tree. Unit 20 features 2 bedrooms, 1 bathroom (approx. 800 sq ft), a fireplace, updated kitchen with dining area, separate laundry room, and sliding doors opening to a spacious and private covered patio. Appliances in all units are tenant-owned. Each unit is separately metered for gas and electricity. The property includes four single-car garages. All units have wall heaters and window air conditioning. Tenants are long-term and currently on month-to-month agreements. The property offers a shared fenced backyard with two lemon trees and one orange tree, plus a front yard with automatic sprinklers. The Trustee believes a new roof layer was installed in 2025. Please do not disturb tenants. A rare opportunity with strong potential.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
4
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$49,620
Operating Expense
6174

Listing courtesy of Listing Agent: Reni Rose (renirose@aol.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.