$900,000
$1,050,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
1,006 SqFt
SOLD DATE : 12/22/2021
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,006 sqft
Price per Sqft $894
MLS Listing ID OC21223215
Sold Date 12/22/21
HOA Y/N No
Year Built 1959
Lot Size 9,835 Sqft
Acres 0.2258
Property Description
POTENTIAL GALORE !!! A Very Rare and Unique Opportunity to Purchase this nearly 1/4 acre Property. Located in a Prime Location this home is ready to be Updated, Upgrade and Expand OR build an ADU approved up to 1,000 square feet OR Take Advantage of SB8 and SB9 and Build either 2 Units or up to 4 Units!!! You will need to do your own due diligence for all the latest updates from the City of Arcadia. If a New Single Unit Home is constructed the Maximum Square Footage allowed is as follows: Floor Area up to 4,436 Square Feet and Lot Coverage up to 3,442 Square Feet. The Lot/Home directly in front of it at 1503 S. 4th Avenue is also for sale !!. Your Choice to either keep the Lots Separate OR combine them into One Lot (already Zoned for this by the City of Arcadia). There is an easement granting access to this home on the south side of the property at 1503 S. 4th Avenue that will remain in place if the lots are sold separately. In addition there is a long term month to month tenant in place giving the option to use as an Income Producing Property. Owner May Carry a Loan if needed. DO NOT DISTURB THE TENANTS.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR1YY
Rooms
Ensuite Laundry See Remarks
Interior
Interior Features Granite Counters, All Bedrooms Down, Main Level Master
Laundry Location See Remarks
Heating Wall Furnace
Cooling See Remarks
Flooring Carpet, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry See Remarks
Exterior
Garage Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Wood
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Accessibility None
Parking Type Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5781023021
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available, Submit
Financing Seller Financing
Special Listing Condition Standard
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Bought with YAOTIAN LUO • SKYWAY INVESTMENT CORP.
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CEO | DRE# SA695240000 | DRE# 02100184