135 Diamond St Arcadia, CA 91006
Estimated payment $15,566/month
Highlights
- Golf Course Community
- Primary Bedroom Suite
- Granite Countertops
- Holly Avenue Elementary School Rated A+
- View of Trees or Woods
- 5-minute walk to Bonita Park
About This Home
4-unit Quadruplex in the heart of Arcadia within a peaceful neighborhood and highly desirable location. Strong cash flow investment and great potential for additional rental income. Great investment opportunity right across from the award winning Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course, and nearby the Mall, Race Track, and Arboretum. The property features a new roof built in 2019 and new water heater in 2024. All units enjoy spacious bedrooms and recent upgrades. Unit 1 is 1-story approx. 1,400 rsf with 3 bed, 2 bath. Includes its own private large front yard and side yard for enjoyment. Upgraded in 2018 with a new kitchen, granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint and laminate wood flooring/baseboard throughout the unit. The master suite features its own walk in closet and full bath. Unit 2 is 2-story approx. 1,200 rsf with 2 bed, 1.5 bath and its own large backyard. Laminate wood flooring first floor and carpet second floor. Unit 3 is 2-story approx. 1,450 rsf with 3 bed, 2 bath and its own balcony. With a wide and open floorplan connecting the living room, dining room, and kitchen, it is a favorite for those with a vision. Enjoy breakfast on the covered balcony or the nook next to the kitchen. The master suite boasts a walk in closet and an additional side closet to go along with a full bath. It includes its own private garage. Unit 4 is 2-story approx. 1,400 rsf with 2 bed, 2 bath and its own balcony ideal for a breakfast nook. Brand new wood flooring Dec 2024 throughout the unit. A spacious great room layout combining dining and living with large bedrooms. The master suite features its own full bath and closet. Total approx. 5,848 sq ft, Lot size approx. 7,968 sq ft. There is additional laundry income from the closed off laundry room. Each tenant pays their own electric meter and there's one common area electric meter that Owner pays. 5 electric meters total. Each tenant pays their own gas meter and one common area meter. 5 gas meters total. Tenant pays gas for cooking. Owner pays gas for water heater. One water meter that Owner pays. 6 Carport spaces, 1 private garage, and 1 open parking space. 8 total parking spaces.
Listing Agent
Coldwell Banker Dynasty T.C. Brokerage Phone: 626-623-2325 License #02109380 Listed on: 10/16/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 7,968 Sq Ft Lot
- No Common Walls
- Brick Fence
- Rectangular Lot
- Level Lot
- Front Yard
- Value in Land
Parking
- 1 Open Parking Space
- 1 Car Garage
- 6 Carport Spaces
Property Views
- Woods
- Mountain
Home Design
- Quadruplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 5,848 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laminate Flooring
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 8 Bathrooms
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Legal Lot and Block 9 / 64
- Tax Tract Number 1942
- Assessor Parcel Number 5779002009
- $1,449 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Bike Trail
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $425
- Fuel Expense $1,575
- Gardener Expense $600
- Insurance Expense $2,800
- Other Expense $24,000
- Trash Expense $1,775
- Water Sewer Expense $1,375
- Operating Expense $32,550
- Gross Income $132,000
- Net Operating Income $99,450
Map
Home Values in the Area
Average Home Value in this Area
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 | $25,354 | $2,253,169 | $1,802,514 | $450,655 |
| 2024 | $25,354 | $2,208,990 | $1,767,171 | $441,819 |
| 2023 | $24,826 | $2,165,677 | $1,732,521 | $433,156 |
| 2022 | $24,004 | $2,123,213 | $1,698,550 | $424,663 |
| 2021 | $23,547 | $2,081,583 | $1,665,246 | $416,337 |
| 2019 | $22,974 | $2,019,843 | $1,615,854 | $403,989 |
| 2018 | $20,907 | $1,838,800 | $1,471,000 | $367,800 |
| 2017 | $3,150 | $177,610 | $33,570 | $144,040 |
| 2016 | $2,958 | $174,128 | $32,912 | $141,216 |
| 2015 | $2,912 | $171,513 | $32,418 | $139,095 |
| 2014 | $2,903 | $168,154 | $31,783 | $136,371 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | Price Changed | $2,498,000 | -0.1% | $427 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $2,500,000 | -7.0% | $427 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $2,688,800 | -6.9% | $460 / Sq Ft |
| 12/29/2024 12/29/24 | Price Changed | $2,888,800 | -3.1% | $494 / Sq Ft |
| 11/26/2024 11/26/24 | Price Changed | $2,980,000 | -6.8% | $510 / Sq Ft |
| 10/16/2024 10/16/24 | For Sale | $3,198,800 | -- | $547 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $1,839,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,103,200 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR24212685
APN: 5779-002-009
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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