
Arcadia, California 91006
This property presents a High-Potential Investment Opportunity with a List Price of $4,980,000—positioned well below the $5,240,653 Fair Market Value by 4%. This valuation gap offers $260,653 in Instant Equity for buyers. Featuring a Condition Rating of 5, the residence requires a full renovation to modernize its 1952 Tudor architecture. With a massive 34,524 sq ft lot and SB-9 development potential, this is a Value-Add Investor asset ideal for Developers seeking a legacy project in Arcadia’s prestigious Upper Rancho.
Property is extensive renovation needed.
Built in 1952, this 70+ year old residence is marketed as a major renovation or development opportunity. While it has received cosmetic 'foundation' updates like fresh paint and new flooring, the listing's emphasis on 'restoring, reimagining, or building new,' combined with an unfinished 1,925 sq ft attic and dated exterior/pool area, indicates the home needs a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34524, living area = 5771.
Situated on a massive 34,524 sq ft south-facing corner lot in Arcadia's most prestigious neighborhood, providing unparalleled privacy and space for a legacy estate.
The property offers rare versatility with a 1,925 sq ft attic for expansion and potential subdivision opportunities under SB-9, maximizing future investment value.
While featuring fresh paint and flooring, the 1952 Tudor residence is positioned as a restoration project, likely requiring significant capital to modernize systems and finishes.
At nearly $5M, the property represents a significant initial investment for a home that requires substantial additional funding to reach its full potential.
A rare opportunity in Arcadia's prestigious Upper Rancho, this distinguished Tudor Revival residence is set on an extraordinary 34,524 sq ft south-facing corner lot, offering exceptional potential to restore, reimagine, or create a legacy estate in one of the area's most coveted neighborhoods. Surrounded by picturesque tree-lined streets, the home blends timeless architecture with modern touches. Dramatic floor-to-ceiling windows and elegant French doors open to a serene courtyard centered around a magnificent mature oak, while abundant natural light fills the interiors. Fresh interior paint and brand-new flooring provide a wonderful foundation for the home's next chapter. The spacious floor plan features four bedroom suites, a generous great room ideal for entertaining, and a resort-inspired backyard complete with a pool, spa, outdoor bar, and detached pool house with its own kitchen, bedroom, and bath. An expansive attic of approximately 1,925 sq ft offers potential for future expansion, including a possible second story. The exceptional corner parcel may also present future subdivision or development opportunities, including under California SB-9 (buyer to verify with city). Ideally located near Westfield Santa Anita, Los Angeles County Arboretum and Botanic Garden, Santa Anita Park, and the Interstate 210, this is a rare offering with endless possibilities to renovate, expand, or build new on one of Upper Rancho's premier parcels.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.1 |
| Square foot | 5,771 | 2,358 |
| Lot Size | 34,524 | 10,956.875 |
| Price | $4.98M | $1.82M |
| Price per sq ft | $863 | $760 |
| Built year | 1952 | 1954 |
| HOA | $0 | $990 |
| Days on market | 58 | 50 |
Jul 13, 2026
$4,980,000
Initial Listing
Jun 14, 2011
$2,700,000
Public Record