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2242 S 5th Avenue, Arcadia, California 91006, Arcadia, 91006 - 4 bed, 2 bath

2242 S 5th Avenue, Arcadia, California 91006 home-pic-0
ACTIVE$1,690,000
2242 S 5th Avenue, Arcadia, California 91006
4Beds
2Baths
1,990Sqft
8,924Lot

Price Vs. Estimate

The estimated value ($1,690,000) is $0 (0%) lower than the list price ($1,690,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & School District: Situated in the highly sought-after Arcadia School District on a peaceful, tree-lined street, offering excellent proximity to shopping, dining, schools, parks, and major freeways.
Top Cons:
Original Character/Potential for Updates: While possessing 'original character,' this may imply that certain areas or finishes, beyond the recently updated AC and windows, could require modernization to meet contemporary tastes.

Compared to the nearby listings

Price:$1.69M vs avg $1.66M (+$30,000)52%
Size:1,990 sqft vs avg 2,135 sqft42%
Price/sqft:$849 vs avg $77866%

More Insights

Built in 1947 (78 years old).
Condition: This 1947-built home has undergone significant and recent renovations, making it move-in ready. The kitchen features modern white shaker cabinets, light-colored quartz/granite countertops, white subway tile backsplash, and new stainless steel appliances (refrigerator, range, hood, dishwasher). One bathroom is fully updated with a modern vanity, mirror, lighting, and subway tile shower. The property also boasts new central AC and new dual-pane windows, which are major system upgrades. While some elements like the exterior BBQ area and bedroom built-ins retain an older style, the critical areas and systems have been extensively updated to modern standards, aligning with the 'Good' condition criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovations.
Year Built
1947
Close
-
List price
$1.69M
Original List price
$1.79M
Price/Sqft
$849
HOA
-
Days on market
-
Sold On
-
MLS number
AR25172712
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Huge Price reduced for quick sale! This charming home in the Arcadia School District is perfect for families looking for a peaceful and convenient location. The tree-lined street sets the scene for this beautiful house, just minutes away from shopping, dining, schools, parks, and major freeways. The home's original character is evident in the welcoming living room and spacious dining room. A courtyard between the two bedrooms offers a peaceful oasis for relaxation and entertaining guests. Outside, a large shaded patio and BBQ area by the pool provide the perfect setting for enjoying the California sunshine. The open driveway leads to a 2 car garage with direct access to the back patio and yard. With a generous lot size, there is potential to build an additional dwelling unit (ADU) on the property. New central AC , and New duel pane windows. Don't miss out on this opportunity to make this lovely home yours and experience the best city of Arcadia. Create lasting memories in your new home in this vibrant community.

Condition Rating
Good
This 1947-built home has undergone significant and recent renovations, making it move-in ready. The kitchen features modern white shaker cabinets, light-colored quartz/granite countertops, white subway tile backsplash, and new stainless steel appliances (refrigerator, range, hood, dishwasher). One bathroom is fully updated with a modern vanity, mirror, lighting, and subway tile shower. The property also boasts new central AC and new dual-pane windows, which are major system upgrades. While some elements like the exterior BBQ area and bedroom built-ins retain an older style, the critical areas and systems have been extensively updated to modern standards, aligning with the 'Good' condition criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovations.
Pros & Cons

Pros

Prime Location & School District: Situated in the highly sought-after Arcadia School District on a peaceful, tree-lined street, offering excellent proximity to shopping, dining, schools, parks, and major freeways.
Recent Key Upgrades: The property benefits from recent installations of new central AC and new dual-pane windows, enhancing comfort and energy efficiency for future owners.
Outdoor Entertainment & Relaxation: Features a refreshing pool, a large shaded patio, a dedicated BBQ area, and a private courtyard, providing ample space for outdoor living and entertaining.
ADU Potential & Generous Lot: A generous lot size offers significant potential for building an Additional Dwelling Unit (ADU), adding value and flexibility for multi-generational living or rental income.
Buyer Opportunity (Price Reduction): The property has undergone a 'huge price reduction for quick sale,' presenting an attractive and more accessible entry point for potential buyers.

Cons

Original Character/Potential for Updates: While possessing 'original character,' this may imply that certain areas or finishes, beyond the recently updated AC and windows, could require modernization to meet contemporary tastes.
Bathroom Count: With 4 bedrooms and only 2 bathrooms, the property might be less accommodating for larger families or those desiring a higher bathroom-to-bedroom ratio.
Implied Urgency for Sale: The phrase 'huge price reduced for quick sale' suggests a potential urgency from the seller, which, while an opportunity for buyers, could also indicate previous challenges in selling at a higher price point.

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