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For SaleLuxury

$2,950,000

17,973 sqft$164/sqft65 days on market

9844 E Lemon Ave AVE

Arcadia, CA 91007

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

17,973

Square feet

1957

Built

Listing narrative

Description

3-Unit Masterpiece! 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!

Listing agent (MLS): Johnson Liu · Listing brokerage (MLS): DMH Property Inc.

Property Details

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Price

$2,950,000

Beds

Beds n/a

Type

House

Home Size

17,973 sqft

Baths

Baths n/a

Lot Size

0.41 acres

Year

1957

Status

For Sale

Days on Market

65

$ / Sqft

$164

· 8% down, 7% APR, 30yr fixed
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Courtesy of DMH Property Inc.