415 Cortez Road, Arcadia, California 91007, Arcadia, 91007 - 3 bed, 3 bath
415 Cortez Road
Arcadia, California 91007
Property Price
SUMMARY
Analysis of 415 Cortez Road, Arcadia, California 91007 reveals a property with a current list price of $1,498,000, which is 11% above the estimated $1,340,659 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Arcadia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 Cortez Road Subject | $1,498,000* List Price | 3 | 3 | 1,763 | $760 | - |
A 412 S Old Ranch Sold | $1,610,000 | 3 | 2 | 2,133 | $755 | 0.6 mi |
B 1100 Drake Road Sold | $1,300,000 | 3 | 2 | 1,426 | $912 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1947, this property is in mostly original or significantly dated condition, featuring a kitchen with older wood cabinetry and white appliances, and bathrooms with vintage tiling and fixtures. The listing explicitly states the property is being sold 'As-Is' and emphasizes the potential for a 'modern estate' or 'redevelopment,' indicating that the existing structure requires substantial rehabilitation, system updates, and modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7853, living area = 1763.
- Premier School District
The property is situated within the prestigious Arcadia Unified School District, including Hugo Reid Elementary and Arcadia High, which is a primary driver for property value and demand in this area.
- Significant Lot Potential
Set on a flat, sprawling lot of nearly 8,000 square feet, this property offers a rare 'blank canvas' opportunity for expansion or the development of a custom modern estate.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current as-is state, indicating that buyers should budget for significant renovations or a complete rebuild to realize the home's full potential.
- Dated Infrastructure
Originally built in 1947, the home likely requires updates to its core systems and finishes to align with the modern luxury standards expected in the Arcadia neighborhood.
About 415 Cortez Road
Nestled in the heart of the highly sought-after Arcadia neighborhood and within the top-rated Arcadia School District (Hugo Reid Elementary, Foothills Middle and Arcadia High School), this 3 Bedroom (can be 4 bedrooms as one of the 4 is being used as a den at this time), 3 bathrooms, 'ranch style' home offers endless possibilities. Living space is almost 1,800 square feet (1,763 per public records). Set on a sprawling almost 8,000 sq.ft. flat lot (actual lot size apx 7,853). The property presents a rare opportunity to create something truly extraordinary. Whether you're envisioning a sleek modern estate, a timeless retreat, or a multi-generational haven, the potential is limitless. With it's prime location, you'll enjoy both peace and privacy, while being conveniently close to schools, shopping, dining and major transportation routes. This property is being sold in its current AS-IS condition, allowing you to bring your own vision and personal touch to make it your own. Don't miss the chance to transform this property into the home of your dreams in one of Arcadia's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 7,853 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 25% |
| Baths | 3.0 | 4.0 | 49% |
| Square foot | 1,763 | 3,055 | 13% |
| Lot Size | 7,853 | 13,638 | 19% |
| Price | $1.50M | $2.19M | 21% |
| Price per sq ft | $850 | $711 | 79% |
| Built year | 1947 | 1976 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 179 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,498,000
$1,585,000
-5% Price Drop
Initial Listing
Price Change
Feb 9, 2026
$1,585,000
$1,630,000
-3% Price Drop
Initial Listing
Price Change
Dec 20, 2025
$1,630,000
Initial Listing
Sold
Aug 3, 2005
$755,000
Public Record
Sold
Nov 30, 1999
$328,000
Public Record