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Residential Income — 823 N Santa Anita, Arcadia, CA

$988,000

823 N Santa Anita, Arcadia, CA

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About this property

Beautiful North Arcadia Duplex. Opportunity awaits an owner-user, multigenerational household, investor, or buyer looking to offset housing costs with rental income; this charming east-facing property offers the flexibility to enjoy one residence while generating income from the other—all in one of Arcadia’s most sought-after neighborhoods. Each residence features a spacious 2-bedroom, 1-bathroom floor plan with a generous living room, full kitchen, and just one shared wall for added privacy. Both units also offer private front porches, dual entrances, and dedicated interior laundry hookups, creating a comfortable and independent living experience for each household. Two-car garage and additional parking area. Major improvements include a newer roof (2023), windows (2023), and a new main sewer line installed within the past four years. Additional highlights include separate gas and electric meters, a remodeled bathroom in the front unit, granite kitchen countertops in the rear unit, fresh landscaping and paint, and a backyard area offering additional possibilities. Whether an owner-user or investor, this duplex also presents compelling long-term investment potential. The existing long-term tenancy provides established rental income with upside, while the site may offer room for one—and potentially two—ADUs, subject to buyer verification with the appropriate agencies and professionals. Located within the highly regarded Arcadia Unified School District and close to the shopping, dining, recreation, and premium municipal amenities that make this North Arcadia duplex so desirable. An exceptional opportunity to combine homeownership, rental income, and future upside in a non-rent control city where multifamily properties are scarce.

Property details

Year built
1948
Property type
Residential Income
Lot size
7,554 sqft

Location

823 N Santa Anita • Arcadia, CA 91006

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Listed by

Jason Insalaco · Kelton Properties

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