16 S Santa Anita Avenue
Arcadia, CA, 91006 $ 1,328,000
Baths1.0 Sq 2,007 Monthly Estimate*
$ 8,177
Listed by Berkshire Hathaway HomeServices California Properties
Studio for $1,328,000 with 1 full bath. This 2,007 square foot home was built in 1958 on a lot size of 0.1804.
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.
See more
FeaturesGeneralHeating Wall Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Composition
Zoning ARR3H
HOA Fee 0
Garage Spaces 4
Architectural Style Traditional
Pool Features None
Construction Materials Stucco
Exclusions All appliances belong to the tenants.
Year Built 1958
View None
Stories Count 1
Levels One
Gross Income 43446
Community Features Biking Golf Hiking Park
County Los Angeles
Net Operating Income 43446
Operating Expense 6174
Insurance Expense 2850
New Construction false
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction West
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions South of the 210 Freeway and just south of Huntington Drive.
City Arcadia
Senior Community Y/N false
Number Of Units Total 3
MLS Area 605 - Arcadia
Lot Size Units Square Feet
Lot Size Square Feet 7859
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 643
Water Sewer Expense 1481
Rent Control Y/N false
Standard Status Active
Year Built Source Assessor
Tax Lot 3
See more
InteriorFlooring Carpet Vinyl
Fireplace Features Living Room
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features In Kitchen Laundry Room
Entry Level 1
Total Baths 0
See more
ExteriorLot Features Sprinklers Timer
Total Parking 4
Lot Size Area 7859
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 2007
Lot Dimensions 49 X 160
Lot Size Acres 0.1804
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
See more
* Excluded FeaturesList ByBerkshire Hathaway Homeservices California PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,177
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Arcadia, CA
Average List Price $2,456,700
Percent of Sale Price 85%
About Arcadia, CA 57,588 Population
8% Since 2002
$ 88,954 Median Income
44.82 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/20/2026 | $1,328,000 | | Listed Price |