
Arcadia, California 91007
This property presents a High-Potential Investment Opportunity with a List Price of $1,390,000—positioned well below the $1,461,040 Fair Market Value by 4%. This valuation gap offers $71,040 in Instant Equity. Featuring a Fair Condition Rating, the home requires modernization, yet its massive 13,618 sq.ft. lot and Arcadia Unified School District location provide immense upside for expansion or an ADU. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Longley Way Subject | $1,390,000* List Price | 3 | 3 | 1,736 | $842 | - |
A 2220 Sewanee Lane Sold | $1,610,000 | 4 | 2 | 2,100 | $767 | 0.4 mi |
B 202 W Norman Avenue Sold | $1,450,000 | 3 | 3 | 1,949 | $744 | 0.8 mi |
C 630 W Longden Sold | $1,750,000 | 3 | 2 | 1,866 | $938 | 0.8 mi |
D 185 Longley Active | $1,450,000 List Price | 3 | 3 | 2,140 | $678 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the home features dated bathrooms with older oak cabinetry and basic tiling likely over 20 years old. While the interior has been maintained with newer laminate flooring and fresh paint making it move-in ready, the listing's emphasis on 'remodeling' and 'creating a dream estate' confirms the property needs significant cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13618, living area = 1736.
Located in the highly-coveted Arcadia Unified School District and directly across from Longley Way Elementary, offering exceptional educational value and convenience for families.
The massive 13,618 sq.ft. flat lot provides rare development flexibility, including room for a significant expansion, an ADU, or the construction of a custom luxury estate.
Built in 1950, the home likely requires significant modernization or a complete remodel to meet contemporary luxury standards and buyer expectations.
The property lacks scenic or panoramic views, which may limit its appeal to buyers specifically seeking the hillside or vista-oriented residences common in the region.
Rare Opportunity in the Award-Winning Arcadia Unified School District! Situated directly across from highly regarded Longley Way Elementary School, this charming single-story home offers an exceptional combination of location, generous lot size, and endless potential. Nestled on an expansive 13,618 sq.ft. flat lot, the property provides a wonderful opportunity to move in, remodel, expand, or create your dream estate. The home features approximately 1,800 sq.ft. of comfortable living space with 3 bedrooms and 3 bathrooms, complemented by a spacious covered patio that extends the living area outdoors—perfect for entertaining, family gatherings, or simply enjoying Southern California’s year-round sunshine. The oversized backyard is a true highlight, showcasing mature trees, established landscaping, and abundant open space with endless possibilities for an ADU, guest house, sports court, or custom outdoor living area (buyer to verify city requirements). Additional features include a functional single-level floor plan, abundant natural light, an attached garage, and a prime location within one of Arcadia’s most sought-after neighborhoods. Conveniently located near parks, shopping, dining, golf courses, Santa Anita Mall, Santa Anita Park, the Los Angeles County Arboretum, and easy access to major freeways. Whether you’re searching for a place to call home, an investment opportunity, or a property to build your dream residence, this is a rare chance to own a large lot in one of Arcadia’s premier neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,736 | 2,100 |
| Lot Size | 13,618 | 10,113 |
| Price | $1.39M | $1.77M |
| Price per sq ft | $801 | $765 |
| Built year | 1950 | 1950 |
| HOA | $0 | $990 |
| Days on market | 8 | 56 |
Jul 14, 2026
$1,390,000
Initial Listing
May 25, 2011
$838,000
Public Record
Jun 17, 2005
$770,000
Public Record
Aug 20, 1997
$316,000
Public Record