
Arcadia, California 91007
This property presents a High-Potential Investment Opportunity with a List Price of $1,498,800—positioned well below the $1,485,176 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Condition Rating of 5, the home offers significant upside for those looking to renovate or build a custom dream home on its expansive 8,762 sq. ft. lot. Located in the award-winning Arcadia Unified School District, this asset is ideal for Developers or Owner-Occupants seeking to maximize long-term value through strategic expansion or ADU development.
Property is extensive renovation needed.
Built in 1951 (75 years old), the property is marketed as a 'rare opportunity' to renovate or build a custom dream home, indicating the structure's value is secondary to the land. While a new roof was added in 2025, the interior shows dated finishes and the use of portable AC units suggests the central HVAC system is either non-functional or non-existent, meeting the criteria for a property needing significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8766, living area = 1831.
The property is situated within the award-winning Arcadia Unified School District, a top-tier draw for families that ensures strong long-term property value.
With a generous 8,762 sq. ft. lot, this property offers a rare opportunity for a custom rebuild, major expansion, or the addition of an ADU in a prime neighborhood.
Built in 1951, the existing home likely requires substantial modernization or renovation to meet the expectations of today's luxury buyers.
The property is marketed as a development opportunity, requiring the buyer to navigate complex city zoning and building verification processes for any expansion or ADU plans.
Rare opportunity in a prime Arcadia location! Situated on an 8,762 sq. ft. lot in one of Arcadia's most desirable neighborhoods, this property offers endless potential to renovate, expand, build a custom dream home, or add a possible ADU (buyer to verify). The existing home features 3 bedrooms, 3 bathrooms, including 2 en-suite bedrooms, and approximately 1,831 sq. ft. of living space. Brand-new roof installed in Dec 2025. Located in the award-winning Arcadia Unified School District and just minutes from Santa Anita shopping, dining, parks, and entertainment. Convenient access to the 210 and 605 Freeways while enjoying a quiet residential setting. Excellent opportunity for homeowners, investors, or developers. Buyer to verify all building, zoning, and ADU requirements with the City of Arcadia.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,831 | 2,100 |
| Lot Size | 8,766 | 10,113 |
| Price | $1.50M | $1.77M |
| Price per sq ft | $819 | $765 |
| Built year | 1951 | 1950 |
| HOA | $0 | $990 |
| Days on market | 29 | 56 |
Jun 23, 2026
$1,498,800
Initial Listing