
Arcadia, California 91007
This property presents a High-Potential Investment Opportunity with a List Price of $1,898,000—positioned slightly above the $1,855,212 Fair Market Value. While the pricing reflects the premium Lower Rancho location, the expansive 14,171-square-foot lot offers significant development upside. With a Condition Rating of 4, the home requires modernization, yet features a swimming pool, mountain views, and a versatile backyard office. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build a custom estate in the Arcadia Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Cabrillo Road Subject | $1,898,000* List Price | 3 | 2 | 1,824 | $1,017 | - |
A 900 Monte Verde Sold | $1,950,000 | 3 | 3 | 2,187 | $892 | 0.3 mi |
B 30 Cabrillo Sold | $1,985,000 | 4 | 3 | 2,395 | $829 | 0.0 mi |
C 536 Monte Vista Sold | $1,900,000 | 3 | 2 | 2,085 | $911 | 0.6 mi |
D 827 Hugo Reid Sold | $1,850,000 | 3 | 2 | 1,975 | $937 | 0.3 mi |
E 486 Harvard Drive Sold | $1,780,000 | 4 | 3 | 2,315 | $769 | 0.9 mi |
F 412 S Old Ranch Sold | $1,610,000 | 3 | 2 | 2,133 | $755 | 0.5 mi |
G 1116 Paloma Drive Pending | $1,738,000 List Price | 3 | 2 | 2,113 | $823 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the home is well-maintained but dated. While the bathrooms were remodeled approximately 21 years ago (post-2003) and the hardwood floors have been refinished, the kitchen and family room remain significantly outdated with older cabinetry, tile, and wood paneling. The property is functional and move-in ready but requires aesthetic and likely system updates 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 = 14171, living area = 1824.
Situated in one of Arcadia’s most prestigious neighborhoods, the property offers exceptional proximity to the LA County Arboretum, Santa Anita Park, and top-rated Arcadia Unified schools.
The expansive 14,171-square-foot lot with 90 feet of frontage provides a rare canvas for building a custom luxury estate or executing a major expansion in a high-value area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With a 1950 build date and 'as-is' sale condition, the home requires substantial modernization and capital investment to meet contemporary luxury standards.
As a probate sale, the property is sold with limited seller disclosures, which may necessitate more rigorous due diligence regarding the home's historical maintenance and condition.
A rare opportunity in Arcadia’s highly desirable Lower Rancho neighborhood. Owned by the same family for approximately 62 years, this single-story residence sits on an impressive 14,171-square-foot lot with approximately 90 feet of frontage, offering excellent potential for renovation, expansion, or the creation of a custom estate. The home features 3 bedrooms, 1 full bathroom, and 1 powder room, with approximately 1,824 square feet of living space. A separate office accessed from the backyard may serve as a potential fourth bedroom, home office, studio, hobby room, or guest space. The traditional floor plan includes a spacious living room with fireplace, formal dining room, generous family room, indoor laundry room, and beautifully refinished hardwood floors. The bathrooms were remodeled after 2003, while other areas of the home offer an excellent opportunity for a buyer to update and personalize. Additional features include an attached two-car garage, spacious patio and backyard areas, mature landscaping, and a swimming pool ideal for entertaining and outdoor enjoyment. Conveniently located near the Los Angeles County Arboretum, Santa Anita Park, The Shops at Santa Anita, schools, dining, and transportation, this property offers a compelling combination of location, lot size, frontage, and future potential. This is a probate sale with no court confirmation required. The property is being sold in its present condition. An outstanding opportunity for an owner-user, investor, builder, or buyer looking to create something special in one of Arcadia’s most established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,824 | 2,100 |
| Lot Size | 14,171 | 10,113 |
| Price | $1.90M | $1.77M |
| Price per sq ft | $1.0K | $765 |
| Built year | 1950 | 1950 |
| HOA | $0 | $990 |
| Days on market | 10 | 56 |
Jul 12, 2026
$1,898,000
Initial Listing