9844 E Lemon Ave Arcadia, CA $ 2,950,000
9844 E Lemon Ave
$ 2,950,000
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9844 E Lemon Ave

Arcadia, CA, 91007
$ 2,950,000
Baths2.0 Sq 3,923

Monthly Estimate*

$ 18,627

Listed by DMH Property Inc.
9844 E Lemon Ave, Arcadia, CA 91007 - Image 1
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9844 E Lemon Ave, Arcadia, CA 91007 - Image 8
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9844 E Lemon Ave, Arcadia, CA 91007 - Image 13
9844 E Lemon Ave, Arcadia, CA 91007 - Image 14
Studio

Multi-Family Home for sale in Arcadia, CA

for $2,950,000 with 2 full baths. This 3,923 square foot home was built in 1957 on a lot size of 0.4126.

An exceptional opportunity to own a beautifully remodeled triplex situated on an expansive approximately 0.41-acre lot in one of Arcadia’s highly desirable residential neighborhoods. Comprised of three separate units—9844, 9846, and 9848 E. Lemon Avenue—the property offers a rare combination of substantial land, multiple income-producing residences, and outstanding long-term flexibility. This triplex has been thoughtfully remodeled, offering an attractive turnkey opportunity for both investors and owner-users seeking a well-maintained multifamily property. The versatile configuration provides the benefits of three independent residences while occupying a single generous parcel, creating an especially compelling opportunity in a market where properties offering this combination of scale and income are rarely available. The expansive grounds provide a sense of privacy and space that is difficult to find among multifamily properties, complemented by an existing swimming pool that adds to the property’s recreational appeal. The large lot and three-unit configuration create an abundance of possibilities for an owner looking to enjoy immediate rental income while holding a valuable Arcadia asset for the long term. Ideally located in the heart of the San Gabriel Valley, the property offers convenient access to shopping, dining, parks, transportation, and the many amenities that make Arcadia one of the area’s most sought-after communities. Have long term and very stable tenants with a lot of potential rent increase!

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Multi-Family Active

Price

$ 2,950,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4126

Year Built

1957

Town/City

Arcadia

County/Region

Los Angeles

MLS | Web ID

CV26189666

Days on Market

6

Features
General
Sewer Public Sewer
Heating Central
HOA Fee 0
Garage Spaces 6
Architectural Style Patio Home
Pool Features Private
Year Built 1957
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 112560
Community Features Suburban
County Los Angeles
Net Operating Income 71763.2
Operating Expense 41996.8
Insurance Expense 2461.5
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From S. Baldwin Ave turn on Lemon Ave
City Arcadia
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 3
MLS Area 605 - Arcadia
Lot Size Units Square Feet
Lot Size Square Feet 17972
Listing Terms Cash Cash to New Loan Conventional FHA
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 4668
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-09-02
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Interior
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Water Source Public
Total Parking 6
Lot Size Area 17972
Number of Buildings 3
Building Area Total 3923
Lot Size Acres 0.4126
Private Pool true
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Dmh Property Inc.

Broker

johnsonliu0202@hotmail.com

Email

Affordability Calculator

$18,627
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Monthly Principal & Interest
$18,627
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Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$2,950,000 Listed Price

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9844 E Lemon Ave, Arcadia, CA, 91007 is a Multi-Family Home for sale at $2,950,000 with 3,923 sqft and a lot size of 0.4126. 9844 E Lemon Ave is a studio with 2.0 baths and was built in 1957. The property's zip code is 91007 which is in Arcadia, CA