2407 Greenfield, Arcadia, California 91006, Arcadia, 91006 - 4 bed, 4 bath
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Arcadia, California 91006
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,999,999—positioned well below the $2,002,336 Fair Market Value by 0.12%. With a Fair Condition Rating, this 1948 residence offers significant value-add potential through modernization. The expansive 16,244 sq. ft. lot provides rare flexibility for an ADU addition within the Arcadia Unified School District. Featuring a versatile dual-master layout, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage land value and school district prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2407 Greenfield Subject | $1,900,000* List Price | 4 | 4 | 2,628 | $741 | - |
A 2334 S 3rd Avenue Sold | $1,900,000 | 4 | 3 | 2,747 | $692 | 0.3 mi |
B 1626 S 1st Sold | $1,635,000 | 4 | 3 | 2,318 | $705 | 0.7 mi |
C 2535 Louise Avenue Sold | $1,400,000 | 4 | 2 | 1,681 | $833 | 0.2 mi |
D 2601 Louise Avenue Sold | $1,418,000 | 3 | 2 | 1,848 | $767 | 0.2 mi |
E 707 E Camino Real Sold | $1,480,000 | 3 | 3 | 1,931 | $766 | 1.0 mi |
F 36 E Longden Avenue Active | $1,888,000 List Price | 4 | 4 | 2,777 | $680 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 and not updated since the 1990s, the home exceeds the 30-year threshold for major renovations. Images show a significantly dated kitchen and bathrooms with visible wear on trim and doors. While functional, the property requires a full rehab to meet modern standards, and the listing emphasizes land value and expansion potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16244, living area = 2628.
The property sits on a massive 16,244 sq. ft. flat lot, providing exceptional space for expansion, luxury landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Located within the highly coveted, award-winning Arcadia Unified School District, which is a primary driver for property value and long-term investment stability in the area.
Built in 1948 and held by the same owner since the 1990s, the residence likely requires significant modernization and cosmetic updates to meet current luxury market expectations.
The reliance on supplemental AC units in addition to the central system suggests the existing cooling infrastructure may be insufficient for the home's square footage or insulation levels.
Come and check out this unique property in South Arcadia that has not been on the market since the 1990s. Located within the award-winning Arcadia Unified School District and situated on a flat lot of over 16,000 sq. ft., the property offers significant room to expand, including the potential to add an ADU. The layout features a primary master suite on one side and a secondary master suite with a separate entry on the other, excellent for in-laws or a nanny. It also features a dual-sided fireplace serving the living and family rooms, supplemental AC units in addition to the central AC system, and more. The home sits close to shopping centers, markets, restaurants, parks, the library, a golf course, and major freeways. This is a property you definitely don't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 2,628 | 2,148.5 | 58% |
| Lot Size | 16,244 | 10,385.5 | 71% |
| Price | $1.90M | $1.66M | 65% |
| Price per sq ft | $723 | $763 | 41% |
| Built year | 1948 | 1952 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 141 | 5% |
Jun 5, 2026
$1,900,000
$1,999,999
-5% Price Drop
Initial Listing
May 29, 2026
$1,999,999
Initial Listing