16 South Santa Anita Avenue, Arcadia, CA 91006

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 Café, Tori Tori Shabu & Sushi, Tekosu Café, 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.