
Arcadia, California 91006
This property presents a High-Potential Investment Opportunity with a List Price of $2,000,000—positioned well above the $1,817,493 Fair Market Value by -10%. Featuring a 15,544 square foot lot and a Condition Rating of 6, this asset is primed for a complete redevelopment or major renovation. Located in the prestigious Arcadia Unified School District, the site offers significant long-term value. This is a strategic acquisition ideal for Developers or Buy-and-Hold Investors seeking to capitalize on the rare land scale and prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36 E Longden Avenue Subject | $1,888,000* List Price | 4 | 4 | 2,777 | $655 | - |
A 2535 Louise Avenue Sold | $1,400,000 | 4 | 2 | 1,681 | $833 | 0.3 mi |
B 2407 Greenfield Active | $1,900,000 List Price | 4 | 4 | 2,628 | $723 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1951 (73 years old) with no mention of significant renovations. The listing is explicitly marketed to developers and investors for its land value and 'new build' potential, indicating the structure is likely at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15544, living area = 2777.
The massive 15,544 square foot lot provides a rare opportunity for developers or investors to build a custom estate or significantly expand the existing structure in a high-demand neighborhood.
Situated within the prestigious Arcadia Unified School District, the property offers long-term value stability and high appeal for families prioritizing top-tier education.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15544, other record lot size in square feet = 15463.
Marketed primarily as a development opportunity, the 1951 structure likely requires extensive modernization or a complete rebuild to meet current luxury market standards.
With a $2 million list price for a property positioned as a fixer or tear-down, the initial investment is substantial before accounting for the high costs of construction or major remodeling.
BRING ALL OFFERS! Attention Developers and Investors! 36 East Longden Avenue is an incredible once-in-a-lifetime opportunity in one of the San Gabriel Valley's most sought-after addresses. A single-level 4-bedroom, 4-bath home on a 15,544 square foot lot (per Assessor) in the Arcadia Unified School District -- priced for the buyer who has a vision of what this home can become. Whether you remodel or start fresh with a new build, the potential is undeniable.At 15,544 square feet (per Assessor), this is a rare parcel in a city where land of this scale rarely surfaces. The existing pool and recreation room add a layer of outdoor living and value to the buyer that wants to renovate. Likewise, the single-level footprint -- at 2,777 square feet (per Assessor) -- gives a developer a meaningful existing structure to work with or a clear picture of what a new build could achieve.The top rated Arcadia Schools are a primary driver of value in this market, and this property sits squarely within it. For developers building a spec home or investors targeting a long-term hold, the district is a selling point that never needs to be explained to a buyer.With the LA Arboretum just minutes away, Din Tai Fung -- one of the most recognized restaurant destinations in the SGV -- right down the road and Santa Anita Park and Westfield Santa Anita anchoring the retail and entertainment corridor nearby, this is a neighborhood with genuine lifestyle appeal. Don't let the opportunity to realize the potential of this Arcadia home pass you by.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,777 | 2,123 | 64% |
| Lot Size | 15,544 | 10,041 | 69% |
| Price | $1.89M | $1.65M | 65% |
| Price per sq ft | $680 | $759 | 28% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 143 | 6% |
Jun 5, 2026
$1,888,000
$2,000,000
-6% Price Drop
Initial Listing
May 13, 2026
$2,000,000
Initial Listing