3103 Hempstead Avenue, Arcadia, California 91006, Arcadia, 91006 - 6 bed, 4 bath
Loading property details...
3103 Hempstead Avenue
Arcadia, California 91006
ACTIVE
CONDITION: GOOD
6Beds
4Baths
2,371Sq Ft
8,825Lot Size
Property Price
LIST PRICE$1,388,000
EST. MARKET VALUE
$1,528,909
9% BelowMARKET VALUE
SUMMARY
This Dual-Unit Residential Asset represents a Strong Value Opportunity, listed at $1,388,000—positioned well below the $1,528,909 Fair Market Value by 9%. This valuation gap offers $140,909 in Instant Equity. With a Condition Rating of 3, the property features a 2023 roof and 2026 ADU renovations, providing immediate rental utility. While the school district is El Monte Union, the 8,825 sq. ft. lot and permitted ADU offer significant income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living.
Estimated Market Value
$1,528,909+$140,909 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Arcadia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3103 Hempstead Avenue Subject | $1,388,000* List Price | 6 | 4 | 2,371 | $645 | - |
A 2559 Mayflower Avenue Sold | $1,249,000 | 4 | 3 | 1,837 | $680 | 0.9 mi |
B 4116 Daines Active | $1,388,000 List Price | 4 | 4 | 2,085 | $666 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1949 but features significant recent capital improvements including a new roof (2023), new split-system HVAC (2024), and interior renovations to the ADU (2026). The interior shows updated flooring and well-maintained living areas, making it move-in ready despite some original elements like closet doors and secondary systems.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features a main residence and a permitted 3-bedroom ADU, offering exceptional versatility for multi-generational living or significant rental income potential.
- Recent Capital Improvements
Key upgrades including a new roof (2023), updated ADU flooring (2026), and a new split-system AC (2024) reduce immediate maintenance costs and add modern comfort.
- Generous Lot Size
The 8,825 sq. ft. lot provides a spacious outdoor environment featuring mature fruit trees and landscaping, a highly desirable trait in the Arcadia market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2371, other record living area = 1628. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
- School District Discrepancy
While the property holds an Arcadia address, it is served by the El Monte Union High School District, which may impact demand from buyers specifically seeking Arcadia Unified schools.
- ADU Room Density
Configuring 3 bedrooms and 2 bathrooms within a 743 sq. ft. ADU suggests very small individual room dimensions and potentially cramped living quarters.
About 3103 Hempstead Avenue
TWO UNITS!!! Located in a desirable and peaceful neighborhood, this versatile property offers an excellent opportunity for multi-generational living, extended family use, or additional rental potential. The main residence is approximately 1,628 sq. ft. per public records, featuring 3 bedrooms and 2 bathrooms, In addition, the property includes an approximately 743 sq. ft. permitted ADU with 3 bedrooms and 2 bathrooms, bringing the combined living area to approximately 2,371 sq. ft. Recent improvements include a complete roof replacement on the main residence in 2023, interior and exterior flooring renovations to the ADU in 2026, and installation of a Gree split-system air conditioner in the front section of the main house in 2024, while the original central air-conditioning system was retained. The backyard features a variety of mature fruit trees and beautiful flowers, creating a pleasant outdoor environment. Conveniently located near shopping, dining, schools, parks, and everyday amenities, this property is a must-see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,825 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 4.0 | 3.1 |
| Square foot | 2,371 | 2,358 |
| Lot Size | 8,825 | 10,956.875 |
| Price | $1.39M | $1.82M |
| Price per sq ft | $585 | $760 |
| Built year | 1949 | 1954 |
| HOA | $0 | $990 |
| Days on market | 15 | 50 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,388,000
Initial Listing
Sold
Oct 23, 2015
$620,000
Public Record