
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 Fair Condition Rating, the 1952 Tudor Revival requires significant restoration, yet its massive 34,524 sq ft lot and SB-9 development potential provide immense upside. This is a premier asset for Value-Add Investors or Legacy Estate Developers seeking to capitalize on the prestigious Upper Rancho market.
Property is extensive renovation needed.
Built in 1952, the property features extremely dated bathrooms and fixtures likely exceeding 30 years in age. While the main living areas have cosmetic updates like fresh paint and new flooring, the unfinished attic and overall description highlight a need for significant restoration or rehab, fitting the criteria for a property requiring major updates to systems and core rooms.
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 the prestigious Upper Rancho neighborhood, providing unparalleled privacy and significant curb appeal in one of Arcadia's most coveted areas.
The property offers rare versatility with a 1,925 sq ft attic for expansion and potential subdivision opportunities under SB-9, making it an ideal canvas for creating a custom legacy estate or a high-yield investment project.
Despite fresh paint and new flooring, the 1952 structure is positioned as a restoration or 'reimagine' project, suggesting that core systems and architectural elements likely require substantial modernization.
With a list price near $5 million, the property requires a high entry cost followed by significant additional capital expenditure for the necessary renovations or redevelopment to reach its full market 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 | 3.0 |
| Square foot | 5,771 | 2,100 |
| Lot Size | 34,524 | 10,113 |
| Price | $4.98M | $1.77M |
| Price per sq ft | $863 | $765 |
| Built year | 1952 | 1950 |
| HOA | $0 | $990 |
| Days on market | 9 | 56 |
Jul 13, 2026
$4,980,000
Initial Listing
Jun 14, 2011
$2,700,000
Public Record