
Arcadia, California 91006
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,328,000—positioned well below the $1,477,586 Fair Market Value by 10%. This valuation gap offers $149,586 in Instant Equity for the buyer. With a Fair Condition Rating, the property features a generous 11,621 square-foot lot, providing significant potential for an ADU or expansion. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic renovation in a prestigious Arcadia neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2559 Mayflower Avenue Subject | $1,328,000* List Price | 4 | 3 | 1,837 | $810 | - |
A 315 E Las Flores Sold | $1,650,000 | 4 | 2 | 1,923 | $858 | 0.7 mi |
B 521 Danimere Avenue Sold | $1,455,000 | 3 | 2 | 1,846 | $788 | 0.6 mi |
C 1520 Loganrita Sold | $1,450,000 | 5 | 2 | 2,033 | $713 | 0.4 mi |
D 2121 S 3rd Pending | $1,500,000 List Price | 3 | 3 | 1,928 | $778 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this home retains many original details and appears well-maintained but dated. The kitchen features older tile countertops and the interior finishes, while functional, likely exceed the 20-year mark since any significant renovation. It is move-in ready but requires modernization of systems and aesthetics to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11621, living area = 1837.
The generous 11,621 square-foot lot provides ample space for an ADU, expansion, or outdoor entertaining, offering significant value-add potential for investors or growing families.
Situated on a picturesque, tree-lined street in a highly desirable neighborhood, the property offers an unbeatable location known for its prestige and community appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1837, other record living area = 1739. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is positioned as a 'foundation for renovation,' suggesting that the interior and systems likely require substantial modernization to meet current luxury standards.
The listing explicitly notes a lack of views, which may be a competitive disadvantage in a market where buyers often seek mountain or city vistas.
Nestled on a picturesque, tree-lined street in desirable Arcadia, this classic 1950 traditional home offers timeless character and anexceptional opportunity to make it your own. Featuring approximately 1,800+ square feet of living space on a generous 11,621 square-foot lot, this four-bedroom, two-and-a-half bath residence is rich with original details and ready for its next chapter. Inside, you'll find wood floors, crown molding, and the living room anchored by a traditional fireplace and elegant French style windows. The dining area showcases a sliding glass door to the covered patio, while the bright kitchen open to the family room offers a charming breakfast counter. The well-proportioned bedrooms, and the home's layout provides a solid foundation for renovation or expansion. Outdoors, the spacious lot offers ample room for an ADU, entertaining, or future enhancements. This property presents an incredible opportunity for the growing family, or the ability to generate additional income. With its unbeatable location and charm, thisproperty offers many possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,837 | 2,104 | 32% |
| Lot Size | 11,621 | 10,041 | 61% |
| Price | $1.33M | $1.65M | 26% |
| Price per sq ft | $723 | $759 | 39% |
| Built year | 1950 | 1951 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 145 | 8% |
May 8, 2026
$1,328,000
Initial Listing
Sep 20, 2007
$675,000
Public Record
Mar 15, 2005
$680,000
Public Record
Nov 13, 2003
$540,000
Public Record