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4132 Lynd, Arcadia, California 91006, Arcadia, 91006 - 5 bed, 4 bath

4132 Lynd, Arcadia, California 91006 home-pic-0
ACTIVE$1,249,000
4132 Lynd, Arcadia, California 91006
5Beds
4Baths
2,861Sqft
6,799Lot

Price Vs. Estimate

The estimated value ($1,249,000) is $0 (0%) lower than the list price ($1,249,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Dwellings & Versatility: The property features two separate dwellings on one lot, offering exceptional flexibility for multigenerational living, rental income, or a private home office.
Top Cons:
Age of Construction: Built in 1947, the property is older, which may necessitate updates to systems, finishes, or overall renovation to meet contemporary buyer expectations.

Compared to the nearby listings

Price:$1.25M vs avg $1.65M ($-405,000)19%
Size:2,861 sqft vs avg 2,140 sqft71%
Price/sqft:$437 vs avg $7762%

More Insights

Built in 1947 (78 years old).
Condition: Built in 1947, this property has undergone various updates, but key areas like the kitchens show signs of being outdated. While the living areas feature laminate flooring, recessed lighting, and modern ceiling fans, and the bathrooms appear to have more recent updates with modern vanities, both kitchens have dated tile flooring and cabinet styles (especially the second unit's lighter wood cabinets). Appliances are stainless steel and functional, and mini-split AC units are a good addition. The property is well-maintained and move-in ready, but the kitchens would likely require minor updates to meet contemporary aesthetic standards, aligning with the 'fair' condition criteria.
Year Built
1947
Close
-
List price
$1.25M
Original List price
$1.38M
Price/Sqft
$437
HOA
-
Days on market
-
Sold On
-
MLS number
WS25231016
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to 4132 Lynd Ave, a rare opportunity to own a versatile property with an Arcadia address just minutes from the Arcadia Golf Course, Santa Anita Park, shopping, and dining. This unique setup includes two separate dwellings on one lot, offering flexibility for multigenerational living, rental income potential, or a private home office retreat. The single-story front home features 3 bedrooms and an inviting layout filled with natural light, ideal for everyday living. Behind it sits a distinct two-story home with 2 bedrooms, offering privacy and additional space for extended family, guests, or creative use. The property also includes a garage with drywalled space, providing extra room for storage, hobbies, or a potential workshop. Outdoor areas allow for private enjoyment while still maintaining convenience to local amenities. Whether you’re seeking a home with income possibilities or simply want the benefit of a prime Arcadia address at a value, 4132 Lynd Ave offers unmatched flexibility and location in one.

Condition Rating
Fair
Built in 1947, this property has undergone various updates, but key areas like the kitchens show signs of being outdated. While the living areas feature laminate flooring, recessed lighting, and modern ceiling fans, and the bathrooms appear to have more recent updates with modern vanities, both kitchens have dated tile flooring and cabinet styles (especially the second unit's lighter wood cabinets). Appliances are stainless steel and functional, and mini-split AC units are a good addition. The property is well-maintained and move-in ready, but the kitchens would likely require minor updates to meet contemporary aesthetic standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Dual Dwellings & Versatility: The property features two separate dwellings on one lot, offering exceptional flexibility for multigenerational living, rental income, or a private home office.
Prime Arcadia Location: Situated in a desirable Arcadia location, minutes from the Arcadia Golf Course, Santa Anita Park, shopping, and dining, enhancing convenience and lifestyle.
Income Generation Potential: The unique dual-dwelling setup presents a strong opportunity for rental income, significantly offsetting ownership costs or providing investment returns.
Functional Additional Space: A garage with drywalled space provides valuable extra room for storage, hobbies, or a potential workshop, adding practical utility to the property.
Recent Price Adjustment: A recent price reduction from $1.375M to $1.249M indicates a more competitive offering, potentially representing increased value for buyers.

Cons

Age of Construction: Built in 1947, the property is older, which may necessitate updates to systems, finishes, or overall renovation to meet contemporary buyer expectations.
School District Alignment: The property is zoned for the El Monte Union High School District, which may not align with the expectations of some buyers specifically seeking the highly-rated Arcadia Unified School District.
Standard Neighborhood View: While having a view, it is described as a 'Neighborhood' view, suggesting a lack of premium vistas (e.g., city, mountain, ocean) that could command higher value.

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