2606 Greenfield Ave, Arcadia, California 91006, Arcadia, 91006 - 4 bed, 3 bath

2606 Greenfield Ave, Arcadia, California 91006 home-pic-0
ACTIVE UNDER CONTRACT$2,100,000
2606 Greenfield Ave, Arcadia, California 91006
4Beds
3Baths
3,270Sqft
20,908.801Lot

Price Vs. Estimate

The estimated value ($2,282,422.26) is $182,422.26 (8%) higher than the list price ($2,100,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20908, living area = 3270.
Top Cons:
Age of Main Residence: Built in 1948, the main residence, despite updates, may have underlying older infrastructure that could require future maintenance or upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$2.10M vs avg $1.66M (+$441,000)68%
Size:3,270 sqft vs avg 2,140 sqft74%
Price/sqft:$642 vs avg $77619%

More Insights

Built in 1948 (77 years old).
Condition: The property, built in 1948, presents as move-in ready due to significant updates in key areas. The kitchen features updated wood cabinetry, granite countertops, and stainless steel appliances, which, while not ultra-modern, are clean and functional. The primary bathroom has been upgraded with a dual-sink vanity and a spacious shower stall. Other bathrooms also appear well-maintained. The hardwood flooring throughout the main residence is in good condition. While the style of the renovations suggests they were likely completed 10-20 years ago rather than within the last 5 years, the property shows minimal wear and tear and no immediate renovation requirements, aligning with a 'Good' condition rating. The ADU is a functional addition, further enhancing the property's utility.
Year Built
1948
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$642
HOA
-
Days on market
-
Sold On
-
MLS number
WS25195469
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to 2606 Greenfield Avenue, an impressive property nestled in one of Arcadia’s most desirable neighborhoods. The home sits on an enormous, flat 20,909 SqFt lot (R-2 Zoning), presenting a unique combination of comfortable living, income generating, and future development possibilities. The main residence offers 2,070 sq.ft. living space with three Beds and two Baths. The open-concept layout guides you from a bright living room with a fireplace to a formal dining room. The family room is distinguished by its high ceiling with exposed wooden beams, a full-wall bookshelf, a second fireplace and a skylight, adjacent is a cheerful breakfast nook with access to the backyard. The well-appointed kitchen boasts updated ample wood cabinetry, a practical pantry, granite countertops, and stainless-steel appliances. The primary suite includes a large walk-in closet and a spacious, upgraded ensuite bathroom with a dual-sink vanity, a shower stall, and another skylight. At the rear of the property, a 1,200 SqFt Accessory Dwelling Unit (ADU) with a private entrance generates steady rental income. It features a dedicated backyard, and a wide, covered front patio. Inside, the open-concept main level is spacious and bright, featuring a kitchenette, a dining area, a bathroom, a laundry area, and a spacious living room with a full-wall bookshelf, offering flexibility to add more rooms. Upstairs, a spacious bedroom completes this income-generating asset. Between the main residence and the ADU is a vast, park-like oasis—a meticulously maintained, generous greenspace, enriched by a centuries-old tree, and many mature fruit trees, persimmon, lychee, guava, jackfruit, mango, banana, and orange, a children's play ground, and detached 2 car-garage & 2 car carport. This space holds endless potential for grand-scale entertaining or ambitious projects, whether installing a resort-style pool, a pickleball court, or building additional fully customized estate. Located within the award-winning Arcadia Unified School District, the home is moments away from the Los Angeles County Arboretum, the Westfield Santa Anita Mall, fine dining, and more. This is not just a move-in-ready home—This is a smart opportunity to own a home with immediate comfort, steady income, and long-term potential in one of Southern California's most sought-after communities. Contact us today to schedule a private viewing and claim this extraordinary property as your own.

Condition Rating
Good

The property, built in 1948, presents as move-in ready due to significant updates in key areas. The kitchen features updated wood cabinetry, granite countertops, and stainless steel appliances, which, while not ultra-modern, are clean and functional. The primary bathroom has been upgraded with a dual-sink vanity and a spacious shower stall. Other bathrooms also appear well-maintained. The hardwood flooring throughout the main residence is in good condition. While the style of the renovations suggests they were likely completed 10-20 years ago rather than within the last 5 years, the property shows minimal wear and tear and no immediate renovation requirements, aligning with a 'Good' condition rating. The ADU is a functional addition, further enhancing the property's utility.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20908, living area = 3270.
Expansive Lot & Development Potential: The property boasts an enormous, flat 20,909 SqFt R-2 zoned lot, offering significant potential for future expansion, additional construction, or creating a custom estate.
Income-Generating ADU: A spacious 1,200 SqFt Accessory Dwelling Unit (ADU) with a private entrance provides steady rental income, enhancing the property's financial viability.
Prime Location & Top Schools: Situated in one of Arcadia's most desirable neighborhoods, within the award-winning Arcadia Unified School District, and close to major amenities and attractions.
Resort-Like Grounds: The meticulously maintained, park-like grounds feature mature fruit trees, a children's playground, and ample space for grand-scale entertaining or recreational additions.
Updated Main Residence & Views: The main residence offers an updated kitchen with granite countertops and stainless steel appliances, an upgraded primary suite, and mountain views.

Cons

Age of Main Residence: Built in 1948, the main residence, despite updates, may have underlying older infrastructure that could require future maintenance or upgrades not explicitly mentioned.
High Maintenance for Large Lot: The extensive 20,909 SqFt lot with mature landscaping and fruit trees will require significant ongoing time and financial investment for maintenance.
Capital Investment for Full Potential: While offering development potential, realizing ambitious projects like a pool, pickleball court, or additional structures would necessitate substantial further capital investment.

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