1227 S 8th Avenue, Arcadia, California 91006, Arcadia, 91006 - 6 bed, 5 bath
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Arcadia, California 91006
This Prime Development Opportunity is listed at $2,180,000, reflecting a premium for its rare land utility compared to the $1,990,135 Fair Market Value. Featuring a massive 20,603 sq.ft. flat lot and a Condition Rating of 4, the property offers immense upside through redevelopment or a complete remodel of the two existing residences. Situated in the prestigious Arcadia Unified School District, the site includes a private patio and significant frontage. This high-demand asset is a strategic acquisition for Real Estate Developers or Value-Add Investors looking to maximize land value.
Property is moderate renovation needed.
The property was built in 1936, making it quite old. While the main house was reportedly remodeled in 2007 (17 years ago), placing it within the 'Fair' category's renovation timeframe (15-30 years ago), the listing heavily emphasizes its 'prime development opportunity' and 'value-add opportunity through remodel or new construction.' This suggests the existing structures, including the unmentioned back house, are not in modern, move-in ready condition. The complete absence of interior photos, especially of the kitchen and bathrooms, further indicates that these areas are likely outdated or require significant updates, consistent with a 'Fair' rating where major components are functional but show signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20603, living area = 3212.
The property is explicitly marketed as a 'prime development opportunity' with 'excellent upside through remodel or new construction,' ideal for builders, developers, or investors seeking to maximize land value.
Features a substantial 20,603 sq.ft. flat lot with 93 sq.ft. frontage, a rare and highly desirable asset in a high-demand area like Arcadia.
Built in 1936, the property's age suggests potential for outdated infrastructure, systems, and ongoing maintenance requirements, despite the main house's 2007 remodel.
The listing explicitly states 'buyer to verify permits, square footage,' indicating potential complexities or unverified aspects that require extensive buyer investigation and could lead to unforeseen costs.
The property lacks any notable views ('view: None'), which might be a disadvantage in a luxury market where scenic vistas often contribute significantly to property value.
Prime development opportunity in a desirable Arcadia neighborhood. 1227 8th Ave, Arcadia sits on a flat lot of approximately 20,603 sq.ft., with 93 sf frontage, offering strong potential for renovation, expansion, or redevelopment. The existing structure provides a value-add opportunity, while the lot size and location make this property ideal for builders, developers, or investors seeking to maximize land value. Excellent upside through remodel or new construction. Currently it has 2 houses on the property. Main house approximate 2,372 Sq. ft. has 4BD/2.5BA with a basement, extra large family room. Remodeled in 2007. The back house has 2Bd/ 1.75BA approximate 840 sq. ft. buyer to verify permits, square footage.Conveniently located near top-rated Arcadia schools, shopping, dining, and parks. Rare chance to acquire a large lot in a high-demand Arcadia location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 5.0 | 3.0 | 75% |
| Square foot | 3,212 | 2,214 | 74% |
| Lot Size | 20,603 | 10,723 | 77% |
| Price | $2.18M | $1.66M | 72% |
| Price per sq ft | $679 | $763 | 28% |
| Built year | 1936 | 1952 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 177 | 18% |
Feb 2, 2026
$2,180,000
Initial Listing