486 Harvard Drive, Arcadia, California 91007, Arcadia, 91007 - 4 bed, 3 bath
486 Harvard Drive
Arcadia, California 91007
Property Price
SUMMARY
Analysis of 486 Harvard Drive, Arcadia, California 91007 reveals a Prime Investment Opportunity with a current list price of $1,800,000—significantly undercutting the $1,955,892 Fair Market Value by 7%. This valuation gap indicates a +$155,892 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 486 Harvard Drive Subject | $1,800,000* List Price | 4 | 3 | 2,315 | $845 | - |
A 942 Volante Drive Sold | $2,288,000 | 4 | 3 | 2,610 | $877 | 0.7 mi |
B 408 Oxford Drive Sold | $2,120,000 | 5 | 4 | 2,978 | $712 | 0.2 mi |
C 1054 Volante Drive Sold | $2,180,000 | 4 | 2 | 2,702 | $807 | 0.9 mi |
D 412 S Old Ranch Sold | $1,610,000 | 3 | 2 | 2,133 | $755 | 0.7 mi |
E 261 Oakhurst Active | $2,200,000 List Price | 4 | 3 | 2,810 | $783 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with significant updates. Although built in 1956, it features modern improvements including cherry-toned wood flooring, recessed lighting, double-pane windows, and a remodeled primary en-suite bathroom. The kitchen is updated with a center island, breakfast bar, and stainless steel appliances. While the seller is listing the home 'as-is,' the overall aesthetic and functional state of the major rooms suggest it has been renovated within the last 5 to 15 years, meeting the criteria for a 'good' rating.
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 = 14585, living area = 2315.
- Great Schools
Elementary School: Holly Avenue Elementary School (9/10). Middle School: Foothills Middle School (9/10). High School: Arcadia High School (9/10).
- Premier Location and Schools
Situated in the prestigious 'College Streets' across from the Arboretum, this property falls within the highly-rated Arcadia Unified School District, ensuring strong long-term value and desirability.
CONSRISKS & DEFICIENCIES
- Strict As-Is Condition
The seller explicitly states the property will be sold without repairs or credits, requiring the buyer to assume all costs for potential modernization or deferred maintenance.
- Lack of Enclosed Garage
The property features a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers prioritizing vehicle security or additional enclosed storage space.
About 486 Harvard Drive
Charming single-level California Ranch–style home in the highly sought-after Arcadia Unified School District, nestled in the coveted Colorado Oaks neighborhood along the desirable “College Streets.” Ideally located across from the Arboretum, where peacocks are often seen, this home offers a serene, nature-filled setting in a quiet, family-friendly area. Situated on an oversized, flat 14,585 sq. ft. lot, the property offers approximately 2,350 sq. ft. of living space with 4 spacious bedrooms and 2 bathrooms in the main house, providing exceptional indoor/outdoor living and excellent potential for future expansion. Enter through double front doors into a bright formal living room featuring a fireplace and picturesque backyard views, adjacent to a spacious dining room—perfect for entertaining. The home showcases gleaming cherry-toned wood flooring, recessed lighting, custom storage, and double-pane windows. The family room offers tranquil backyard views and an additional sitting area near the fireplace, with glass doors opening to lush private gardens. The kitchen includes a center island, breakfast bar, ample cabinetry, and generous storage, conveniently located next to the family room with backyard views. A separate laundry area adds everyday convenience.The primary bedroom features sliding doors to the courtyard and a remodeled en-suite bathroom, while the hallway bathroom includes dual sinks. Outdoor highlights include spacious, level front and back yards, a fenced sparkling pool, and abundant space for entertaining, relaxing, or future additions. A gated driveway provides privacy and security, and a bonus exterior room offers flexible use as a changing room, storage, or utility space. The detached pool house with bathroom offers significant potential for conversion into an ADU, home office, studio, or guest retreat. Additional features include a storage room and a 2-car carport. Ideally located minutes from Westfield Santa Anita Mall, Santa Anita Racetrack, Santa Anita Golf Course, and nearby dining, shopping, entertainment, and transportation, this property combines location, land value, flexibility, and lifestyle—an exceptional opportunity in one of Arcadia’s most desirable neighborhoods. Property to be sold in “AS IS” condition. Seller does not intend to make repairs or provide credits. Please view the video: https://player.vimeo.com/video/1161369797
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 14,585 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Arcadia Unified Schools
Hugo Reid Elementary School
Grades K-5 • 0.9 mi
Holly Avenue Elementary School
Grades K-5 • 1.3 mi
First Avenue Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 49% |
| Square foot | 2,315 | 3,055 | 32% |
| Lot Size | 14,585 | 13,760 | 51% |
| Price | $1.80M | $2.19M | 28% |
| Price per sq ft | $778 | $711 | 68% |
| Built year | 1956 | 1976 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 179 | 2% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,800,000
Initial Listing
Sold
Dec 10, 2008
$918,000
Public Record