2431 S 2nd, Arcadia, California 91006, Arcadia, 91006 - 5 bed, 6 bath
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Arcadia, California 91006
This Luxury Multi-Generational Estate is a Strong Value Opportunity, listed at $3,250,000—positioned well below the $3,455,982 Fair Market Value by 5%. This valuation gap offers $205,982 in Instant Equity for the buyer. Boasting a Good Condition Rating, the residence features a versatile floor plan with three main-level bedrooms and a detached flex structure. Set on an expansive 21,176 sq ft gated lot with mountain views, a pool, and spa, it resides in the elite Arcadia Unified School District. This is a premier acquisition for multi-generational families or Owner-Occupants seeking a high-end sanctuary with built-in upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 S 2nd Subject | $3,250,000* List Price | 5 | 6 | 5,995 | $576 | - |
A 1780 S Santa Anita Avenue Sold | $3,950,000 | 5 | 6 | 7,042 | $561 | 0.7 mi |
B 312 E Camino Real Avenue Sold | $3,250,000 | 5 | 7 | 6,062 | $536 | 0.8 mi |
C 151 E Longden Avenue Active Under Contract | $3,338,000 List Price | 6 | 5 | 6,192 | $539 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is exceptionally well-maintained and move-in ready. The kitchen features high-end professional-grade appliances and modern cabinetry that suggests updates within the 5-15 year range. While technically just over the 20-year threshold for 'Fair,' the superior condition of the systems, flooring, and finishes aligns better with the 'Good' classification.
The property is situated within the highly-coveted Arcadia Unified School District, a primary driver for property value and a major draw for families seeking elite education.
With three bedrooms on the main level and a separate 360 sq ft detached structure, the home offers a rare and functional floor plan ideal for multi-generational living or guest housing.
The oversized 21,176 sq ft lot is fully gated with drive-through access, providing a high level of privacy, security, and significant outdoor space that is uncommon in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5995, other record living area = 6135. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
A substantial gap exists between the listed 5,995 sq ft and the assessor's record of 5,001 sq ft, which could present challenges during the appraisal and financing process.
The detached structure and total living area require buyer verification of permits, suggesting potential issues with unpermitted work that may require future remediation.
Located in a desirable neighborhood of Arcadia, this home offers a versatile and functional floor plan.Assessor records show approximately 5,001 sq ft of living space (buyer to verify). The main level features 4 bedrooms, ideal for multi-generational living or flexible use.The upper level includes a loft and bonus area with a wet bar and walk-in closet, providing additional living and entertainment space. The property is gated with a wrought iron gate and offers drive-through access to the backyard, enhancing both privacy and convenience.A detached structure of approximately 360 sq ft offers flexible use (buyer to verify permits, size, and intended use). Conveniently located near schools, shopping, dining, and local amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 6.0 | 3.0 | 82% |
| Square foot | 5,995 | 2,148.5 | 90% |
| Lot Size | 21,176 | 10,385.5 | 85% |
| Price | $3.25M | $1.66M | 84% |
| Price per sq ft | $542 | $763 | 6% |
| Built year | 2003 | 1953 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 141 | 9% |
Apr 27, 2026
$3,250,000
Initial Listing
Sep 21, 2000
$510,000
Public Record