1517 Lovell Ave. Arcadia, CA 91007
4 Beds
3 Baths
2,134 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,134 sqft
Price per Sqft $837
MLS Listing ID AR26076863
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1953
Lot Size 0.418 Acres
Property Sub-Type Single Family Residence
Property Description
Rare opportunity to acquire a unique multi-dwelling property situated on an expansive 18,216 sq. ft. lot (approx. 90' x 200+), ideally oriented facing east. Located in the highly desirable Baldwin Stocker Elementary boundary (buyer to verify with the City and Arcadia Unified School District), this property offers tremendous potential for builders, investors, or end-users seeking flexibility.
The property features three separate living structures:
• A charming front ranch-style home with 2 bedrooms and 1 bathroom
• An adjacent guest unit offering 1 bedroom and 1 bathroom, ideal for extended family or additional rental income
• A rear residence with its own private yard, featuring 2 bedrooms and 1 bathroom, providing excellent privacy and strong income potential
Surrounded by mature shade and fruit trees, the lot offers a serene setting with substantial space to reimagine, expand, or build new. Whether you choose to develop, create a custom estate, or live in one unit while generating income from the others, the possibilities here are truly exceptional.
Situated in a central Arcadia location near top-rated schools, shopping, dining, and transportation, this is a rare chance to secure a large parcel with multiple income streams in a premium neighborhood.
Property is tenant-occupied and will be sold with tenants in place.
Accepted offer subject to interior inspection only, please do not walk the property or disturb occupants.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Rooms
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Closet, In Garage
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Gutter(s)
View Y/N Yes
View Mountain(s)
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Arcadia Unified
Others
Senior Community No
Tax ID 5785001020
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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