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1106 S Eighth Ave, Arcadia, California 91006, Arcadia, 91006 - 6 bed, 5 bath

1106 S Eighth Ave, Arcadia, California 91006 home-pic-0
ACTIVE$1,858,000
1106 S Eighth Ave, Arcadia, California 91006
6Beds
5Baths
2,421Sqft
9,272Lot

Price Vs. Estimate

The estimated value ($1,195,418.565) is $662,581.435 (35%) lower than the list price ($1,858,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unique Dual-Home Configuration: The property features two fully remodeled homes on a single lot, offering exceptional flexibility for multi-generational living, rental income, or future development, a rare and highly desirable asset.
Top Cons:
Significant Valuation Discrepancy: The current listing price of $1.858M is substantially higher than the estimated property value of $1.195M, indicating potential overpricing or a challenge for traditional valuation methods.

Compared to the nearby listings

Price:$1.86M vs avg $1.66M (+$199,000)62%
Size:2,421 sqft vs avg 2,140 sqft60%
Price/sqft:$767 vs avg $77644%

More Insights

Built in 1934 (91 years old).
Condition: Despite the 1934 build year, the property has undergone an extensive and recent renovation, as evidenced by the description of 'brand-new kitchen, modern bathrooms, new flooring, fresh interior and exterior paint, a new roof, new driveway, and a new electric water heater' for the front house, and 'upgraded kitchen and bathrooms' for the back house. The images confirm modern white shaker cabinets, new countertops, black appliances, new laminate wood flooring, and updated bathroom fixtures, all appearing virtually new and meeting current quality standards. This comprehensive overhaul places the property firmly in the 'excellent' category for its current condition.
Year Built
1934
Close
-
List price
$1.86M
Original List price
$1.89M
Price/Sqft
$767
HOA
-
Days on market
-
Sold On
-
MLS number
AR25124720
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to the 2 Remodeled Homes on One Lot – Arcadia School District! Priced like one, but you get 2!!! Don’t miss this rare opportunity to own two beautifully remodeled homes on a single lot, located in the highly sought-after Arcadia Unified School District. Nestled on a quiet, tree-lined street, this unique property offers exceptional flexibility—ideal for multi-generational living, rental income, or future development. Front House (1106 S Eighth Ave),This spacious home features 4 bedrooms and 2.5 bathrooms with a bright, open floor plan. Highlights include a brand-new kitchen, modern bathrooms, new flooring, fresh interior and exterior paint, a new roof, new driveway, new electric water heater, and a smart garage door that can be controlled from your phone. Enjoy the private backyard with a new concrete patio—perfect for outdoor dining or afternoon tea—plus a rare, mature avocado tree that adds charm and value. Back House (1108 S Eighth Ave), Charming and cozy, this updated home offers 2 bedrooms and 1.5 bathrooms, along with new flooring, an upgraded kitchen and bathrooms, and fresh paint throughout. The detached 2-car garage provides parking, storage, or potential for an ADU conversion. Each home has separately permitted water, gas, and electric meters, along with private yard areas, offering both independence and privacy. Conveniently located near award-winning Arcadia schools, parks, golf courses, the Arboretum, Santa Anita Park, The Shops at Santa Anita, and easy access to the 210 and 605 freeways. Live in one home and rent the other, host extended family, or invest in one of Arcadia’s most desirable and in-demand neighborhoods!

Condition Rating
Excellent
Despite the 1934 build year, the property has undergone an extensive and recent renovation, as evidenced by the description of 'brand-new kitchen, modern bathrooms, new flooring, fresh interior and exterior paint, a new roof, new driveway, and a new electric water heater' for the front house, and 'upgraded kitchen and bathrooms' for the back house. The images confirm modern white shaker cabinets, new countertops, black appliances, new laminate wood flooring, and updated bathroom fixtures, all appearing virtually new and meeting current quality standards. This comprehensive overhaul places the property firmly in the 'excellent' category for its current condition.
Pros & Cons

Pros

Unique Dual-Home Configuration: The property features two fully remodeled homes on a single lot, offering exceptional flexibility for multi-generational living, rental income, or future development, a rare and highly desirable asset.
Extensive Recent Remodeling: Both residences have undergone significant upgrades, including new kitchens, bathrooms, flooring, paint, and major systems (new roof, driveway, water heater in front house), minimizing immediate maintenance for a buyer.
Prime Arcadia School District Location: Situated in the highly sought-after Arcadia Unified School District, this location is a major draw for families and a strong factor for long-term property value appreciation.
Independent Utilities & Private Spaces: Each home benefits from separately permitted water, gas, and electric meters, along with private yard areas, ensuring independence and privacy for occupants.
Convenient Location & Amenities: The property is ideally located near award-winning schools, parks, major shopping centers (The Shops at Santa Anita), entertainment venues, and offers easy access to the 210 and 605 freeways.

Cons

Significant Valuation Discrepancy: The current listing price of $1.858M is substantially higher than the estimated property value of $1.195M, indicating potential overpricing or a challenge for traditional valuation methods.
Age of Original Structure: Despite extensive remodels, the original construction year of 1934 suggests that some underlying infrastructure or components may still be older, potentially leading to unforeseen maintenance or upgrade needs over time.
Niche Market Appeal: While the dual-home setup is a strength, it caters to a more specific buyer demographic (e.g., multi-generational families, investors), which could potentially narrow the buyer pool and extend market time compared to a conventional single-family home.

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