135 Diamond St
Arcadia, CA 91006

$2,498,000

Price

Beds

Baths

5,848 Sq. Ft.

$427 / Sq. Ft.

5,848

Sq. Ft.

$427

per Sq. Ft.

Description

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...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.

Listed by Clinton Cheung • DRE #02109380 • Brokerage DRE #01280398 • Coldwell Banker Dynasty T.C. • 626-623-2325

Property Details for 135 Diamond Street

View

Mountain(s), Trees/Woods

Parking Spaces Total

Private Pool

Cooling Type

Wall/Window Unit(s)

Total Units

4.0

Building Type

Detached

Lot Size Source

Public Records

Living Area

5848

LISTING UPDATED: 12/24/2025 03:01 AM

Property Details for 135 Diamond Street

Status	Active
MLS #	AR24212685
Days on Market	453
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income
Year Built	1966
Lot Size	0.18 AC / 7,968 SF
County	Los Angeles County

Location

Listing Courtesy of Coldwell Banker Dynasty T.C., Clinton Cheung, DRE #02109380

Add your commute

Building Information for 135 Diamond Street

Stories2Residences-Year Built1966Building Size-Lot Size0.18 AC / 7,968 SF

Payment Calculator

$12,175 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,175

Property Taxes

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 135 Diamond Street

Rental Info

Tenant Pays: Electricity, Gas

Income / Expense / Tax Details

Income Details

Gross Income: $132,000
Gross Scheduled Income: $132,000

Net Operating Income: $99,450
Laundry Income: $600

Expense Details

Operating Expense: $32,550
Gardener Expense: $600

Fuel Expense: $1,575
Electric Expense: $425
Insurance Expense: $2,800
Other Expense: $24,000
Other Expense Description: Prop Tax
Trash Expense: $1,775
Water Sewer Expense: $1,375
Total Expenses: $32,550

Tax / Assessment Info

Tax Block: 64
Tax Tract Number: 01942

Tax Census Tract: 4308.01
CFD/Mello-Roos Fee: $1,449
Tax Lot: 9

Community / Development

Community Features: Biking, Golf, Park, Sidewalks, Street Lights

Property / Structure Info

Interior Features

Appliances: Dishwasher, Gas Oven, Gas Cooktop, Water Heater
Equipment: Community, Dishwasher

Interior Features: Balcony, Ceiling Fan(s), Granite Counters
Room Type: Primary Suite, Walk-In Closet
Bedroom Features: WalkInCloset
Laundry: Yes
Laundry Features: Community
Cooling: Wall/Window Unit(s)
Flooring Type: Laminate
Flooring: Laminate

Exterior Features

Roof: Shingle
Entry Location: Front

Fence: Yes
Fencing: Brick
Structures: Value in Land
Other Structures: Value in Land
Miscellaneous: Value in Land
View Description: Trees/Woods
Pool Features: None
Pool Description: None
Pool: N/K
Pool Heat: N/K
Spa Features: None
Spa Heat: N/K

Land/Lot Info

Lot Features: Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Value In Land, Walkstreet
Number Of Units: 4

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public

Parking Info

Garage Spaces: 1
Uncovered Spaces: 1

Open Other Spaces Total: 1
Parking Garage Spaces: 1
Carport Spaces: 6

Property / Structure Info

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,900
Unit Type Total Rent: $34,800
Unit Type Pro Forma: 3150
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,400
Unit Type Total Rent: $28,800
Unit Type Pro Forma: 2700
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 3

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,950
Unit Type Total Rent: $35,400
Unit Type Pro Forma: 3250
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 2
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,750
Unit Type Total Rent: $33,000
Unit Type Pro Forma: 3150
Unit Type Type: 4

Unit Information

Number Of Units Leased: 4
Rent Controlled: No

Number Of Buildings: 1
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 1

Property History for 135 Diamond Street

Date	Event & Source	Price	Appreciation
May 17, 2025	Price Change CLAW #AR24212685MR	$2,498,000	—
May 17, 2025	Price Change CRMLS #AR24212685	$2,498,000	—
May 16, 2025	Price Change SDMLS #AR24212685	$2,498,000	—
Apr 25, 2025	Price Change CLAW #AR24212685MR	$2,500,000	—
Apr 25, 2025	Price Change CRMLS #AR24212685	$2,500,000	—
Feb 7, 2025	Price Change CLAW #AR24212685MR	$2,688,800	—
Feb 7, 2025	Price Change CRMLS #AR24212685	$2,688,800	—
Dec 29, 2024	Price Change CLAW #AR24212685MR	$2,888,800	—
Dec 29, 2024	Price Change CRMLS #AR24212685	$2,888,800	—
Nov 26, 2024	Price Change CLAW #AR24212685MR	$2,980,000	—
Nov 26, 2024	Price Change CRMLS #AR24212685	$2,980,000	—
Oct 16, 2024	Listed (Active) CLAW #AR24212685MR	$3,198,800	—
Oct 16, 2024	Listed (Active) SDMLS #AR24212685	$3,198,800	—
Oct 16, 2024	Listed (Active) CRMLS #AR24212685	$3,198,800	—

Date	Event & Source	Price
05/17/2025	Price Change CLAW #AR24212685MR	$2,498,000
05/17/2025	Price Change CRMLS #AR24212685	$2,498,000
05/16/2025	Price Change SDMLS #AR24212685	$2,498,000
04/25/2025	Price Change CLAW #AR24212685MR	$2,500,000
04/25/2025	Price Change CRMLS #AR24212685	$2,500,000
02/07/2025	Price Change CLAW #AR24212685MR	$2,688,800
02/07/2025	Price Change CRMLS #AR24212685	$2,688,800
12/29/2024	Price Change CLAW #AR24212685MR	$2,888,800
12/29/2024	Price Change CRMLS #AR24212685	$2,888,800
11/26/2024	Price Change CLAW #AR24212685MR	$2,980,000
11/26/2024	Price Change CRMLS #AR24212685	$2,980,000
10/16/2024	Listed (Active) CLAW #AR24212685MR	$3,198,800
10/16/2024	Listed (Active) SDMLS #AR24212685	$3,198,800
10/16/2024	Listed (Active) CRMLS #AR24212685	$3,198,800

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 135 Diamond Street

This home is within Arcadia Unified School District.


Rating	School	Type	Grades	Distance
8/10	Holly Avenue Elementary School	Public - Serves this home	K to 5	1.2 mi
8/10	First Avenue Middle School	Public - Serves this home	6 to 8	0.1 mi
10/10	Arcadia High School	Public - Serves this home	9 to 12	0.7 mi
4/10	Rancho Learning Center (Alternative)	Public - Choice school	K to 12	0.3 mi
NR	Arcadia College Preparatory School	Private - Nearby school	9 to 12	0.4 mi
NR	Arroyo Pacific Academy	Private - Nearby school	1 to 12	0.6 mi
NR	Barnhart School	Private - Nearby school	K to 8	1.0 mi


Rating	School	Distance
8/10	Holly Avenue Elementary School PublicK to 5 Serves this home	1.2 mi
8/10	First Avenue Middle School Public6 to 8 Serves this home	0.1 mi
10/10	Arcadia High School Public9 to 12 Serves this home	0.7 mi
4/10	Rancho Learning Center (Alternative) PublicK to 12 Choice school	0.3 mi
NR	Arcadia College Preparatory School Private9 to 12 Nearby school	0.4 mi
NR	Arroyo Pacific Academy Private1 to 12 Nearby school	0.6 mi
NR	Barnhart School PrivateK to 8 Nearby school	1.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 135 Diamond Street, Arcadia, CA 91006

135 Diamond Street is a multi-family home for sale in Arcadia, CA 91006. This property was listed for sale on October 16, 2024 by Coldwell Banker Dynasty T.C., it's currently listed at $2,498,000. This listing's school district is Arcadia Unified School District. Nearby schools include Holly Avenue Elementary School, First Avenue Middle School and Arcadia High School. 135 Diamond Street is a 10-bed, 8-bath, 5,848 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Dynasty T.C., Clinton Cheung, DRE #02109380

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

135 Diamond StArcadia, CA 91006

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More information about 135 Diamond Street, Arcadia, CA 91006

135 Diamond St
Arcadia, CA 91006