
Arcadia, California 91006
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $2,980,000—positioned well below the $3,238,819 Fair Market Value by 7%. This valuation gap offers $258,819 in Instant Equity for the buyer. Featuring a 21,176 sq. ft. lot, pool, spa, and distant mountain views, the property maintains a Fair Condition Rating with significant upside potential. Located in the prestigious Arcadia Unified School District, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-potential estate.
Property is moderate renovation needed.
The property was significantly remodeled and expanded in 2003, making the major systems and interior finishes approximately 21 years old. While the home appears very well-maintained and functional, it meets the 'Fair' criteria due to its age (>20 years) and dated aesthetic elements such as the fireplace masonry and built-in cabinetry that may require modern updates.
Situated in the highly sought-after Arcadia Unified School District, this property offers access to top-tier education and is conveniently located near premium shopping and dining.
The massive 21,176 sq. ft. lot is fully gated with a wrought iron fence and features a rare drive-through access to the backyard, providing exceptional privacy and space.
With four bedrooms on the main level and a detached 360 sq. ft. structure, the floor plan is perfectly suited for multi-generational living or flexible home office needs.
There is a significant discrepancy between the assessor records (approx. 5,001 sq. ft.) and the listed living space (5,995 sq. ft.), which may complicate financing or appraisal valuations.
The detached structure and the 2003 expansion require buyer verification for permits and intended use, posing a potential risk regarding building code compliance.
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 property was originally built in 1934, remodeled and expanded around 2003. 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.1 |
| Square foot | 5,995 | 2,358 |
| Lot Size | 21,176 | 10,956.875 |
| Price | $2.98M | $1.82M |
| Price per sq ft | $497 | $760 |
| Built year | 2003 | 1954 |
| HOA | $0 | $990 |
| Days on market | 43 | 50 |
Jul 28, 2026
$2,980,000
Initial Listing
Sep 21, 2000
$510,000
Public Record