
Arcadia, California 91006
This Renovated Duplex with SB 9 Potential is listed at $1,950,000, representing a stable entry point near its $1,905,319 Fair Market Value. Boasting a 2024 Complete Renovation and a Condition Rating of 2, the asset features two updated units and a Private Deck with Mountain Views. The expansive 22,470 sq. ft. Lot offers rare development upside for an Urban Lot Split within the Arcadia School District, near top-rated elementary and high schools. This versatile property is a premier choice for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1114 6th Avenue Subject | $1,950,000* List Price | 0 | 0 | 2,048 | $930 | - |
A 1611 S Fourth Avenue Active | $1,590,000 List Price | 0 | 0 | 1,808 | $879 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1926, both units of the duplex underwent a complete renovation in February 2024. The property features new kitchen appliances (refrigerators and stoves), new indoor heating and cooling equipment, and updated living spaces, meeting the criteria for extensive renovation within the last 5 years.
The property features a rare, flat, and rectangular 22,450 sqft lot, providing a massive footprint for developers or investors to build a custom estate or explore multi-unit expansion in a high-value area.
Situated within the prestigious Arcadia School District, the property offers proximity to award-winning schools, the Arcadia Mall, and diverse dining options, ensuring strong long-term appreciation and tenant demand.
Both units of this duplex were completely renovated in February 2024 with new appliances and HVAC systems, offering a turnkey opportunity for immediate rental income or multi-generational living.
The property is being sold in its present as-is condition, which places the burden of all future repairs and upgrades on the buyer and may complicate certain traditional financing paths.
With a structure dating back to 1926 and an explicit recommendation to verify permits and square footage, buyers may encounter discrepancies between recorded data and the actual physical improvements.
A Rare Investment Gem! An Expansive 22,479 sq. ft. Lot Offering Both SB 9 Subdivision Potential and Stable Cash Flow: Discover an unparalleled investment opportunity in the heart of Arcadia! This massive R1-zoned lot (approx. 0.52 acres) is a rare find, combining immediate rental income with immense future development potential. Situated on an exceptionally large parcel of land, the property features two separate structures: • Front House (3 Bed / 2 Bath, approx. 1,480 sq. ft.): Equipped with central heating and air conditioning, a washer, a dryer, and a refrigerator; fully renovated in 2024. It is currently occupied by a reliable tenant paying $3,800 per month (based on rental rates from two years ago). • Rear House (2 Bed / 1 Bath, approx. 500 sq. ft.): Recently updated in 2024 with modern-style finishes. It is ready to be rented immediately (projected monthly rent: approx. $2,800) or can be kept vacant for future development purposes. Development Potential: Under California's SB 9 legislation, this exceptionally deep lot presents an ideal candidate for an "Urban Lot Split." You can explore the possibility of subdividing the parcel into two separate lots, potentially allowing for the construction of luxury primary residences and Accessory Dwelling Units (ADUs). (Buyers are advised to verify specific feasibility directly with the City.) Located in one of Arcadia’s most highly sought-after neighborhoods, this property is situated within a top-rated school district—close to excellent elementary, middle, and high schools—and is conveniently located near shopping centers and Asian supermarkets. The property is being sold "AS-IS." Buyers are strongly advised to independently verify all potential development possibilities, permitting requirements, and land-use regulations with the City of Arcadia. "Seller intends to execute a 1031 tax-deferred exchange at no additional cost to the buyer . Buyer to cooperate with seller's 1031exchange".
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,048 | 3,237 | 40% |
| Lot Size | 22,470 | 8,179 | 60% |
| Price | $1.95M | $1.95M | 50% |
| Price per sq ft | $952 | $633 | 80% |
| Built year | 1926 | 1965 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 135 | 20% |
Apr 21, 2026
$1,950,000
Initial Listing
Mar 30, 2015
$1,650,000
Public Record