
Arcadia, California 91007
Analysis of 212 W Las Flores Avenue, Arcadia, California 91007 is currently available with a list price of $3,080,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Arcadia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1947, the property's description explicitly positions it as an 'opportunity to create a signature luxury home' and 'the canvas for your vision,' indicating the existing structure's value is primarily as a temporary income generator while plans for redevelopment are made. The kitchen features highly dated yellow tiled countertops, old white cabinets, and a fluorescent light fixture. The bathroom has very outdated blue wall tiles and an older pedestal sink. While currently livable and generating rental income, the house itself is not the asset being sold; its condition, particularly the kitchen and bathrooms, is consistent with a property that would be demolished for new construction on such a valuable lot.
The property boasts a rare, expansive flat lot (100 x 312 ft, totaling 31,228 sqft) in a highly exclusive area, providing ample space for a grand luxury estate.
Situated in one of Arcadia’s most exclusive areas, surrounded by estates valued at $5 million and beyond, offering significant prestige and potential for high appreciation.
Marketed as a 'canvas for your vision,' this property is ideal for developers or investors looking to construct a signature luxury home that aligns with the neighborhood's high standards.
The existing 1947-built house (1351 sqft) is likely outdated and undersized for the neighborhood's luxury estate standard, implying significant renovation or demolition costs for a new build.
The property's value is primarily in the land for redevelopment, meaning the list price is just the initial investment, with significant additional capital needed for construction of a new luxury home.
Crafting a 'signature luxury home' involves a lengthy process of design, permitting, and construction, which can tie up capital for an extended period before the full value is realized.
Welcome to a rare chance to own an expansive flat lot (100 x 312 ft) in one of Arcadia’s most exclusive areas—where surrounding estates are valued at $5 million and beyond, and many feature grand residences of over 10,000 sq.ft. This property isn’t just land; it’s an opportunity to create a signature luxury home that will stand proudly among Arcadia’s finest estates. Whether you’re an investor seeking long-term appreciation or a developer looking to craft the next landmark estate, this property is the canvas for your vision. Located within the award-winning Arcadia School District and just steps away from Arcadia High. The existing house features 3 bedrooms, a den with fireplace, 2 bathrooms, dining room, kitchen, garage and a spacious layout—currently generating $3,800–$4,200 per month in rental income. This provides immediate holding value while you design and build the estate you envision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,351 | 2,978 | 5% |
| Lot Size | 31,228 | 11,396 | 96% |
| Price | $3.08M | $2.19M | 73% |
| Price per sq ft | $2.3K | $730 | 98% |
| Built year | 1947 | 1959 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 243 | 167 | 89% |
Aug 22, 2025
$3,080,000
Initial Listing