40

1503 S 4TH AVE Arcadia, CA 91006

$1,150,000

Bedrooms

Total Baths

Full Baths

1,434

Square Feet

0.23

Acres

1926

Year Built

12 days

On Website

Active

Status

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, Upgraded and Expanded 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 or go onto the property without an appointment.

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Details


Interior
Flooring
Carpet, Wood
Living Area
1,434 SqFt.

Building And Construction
Number Of Units Total
1
Property Sub Type
Single Family Residence
Property Type
Residential Income
Year Built
1926

Exterior And Lot
Lot Size Acres
0.2262
Lot Size Square Feet
9855
Lot Size Units
Square Feet
Parking Total
1
Zoning
ARR1*

Utilities
Cooling
See Remarks
Heating
Floor Furnace

Area And Schools
City
Arcadia
County Or Parish
Los Angeles

Financial Info
Buyer Agency Compensation
2%

Listing By Keller Williams OC Coastal Realty – Karyn Sontag

MLS# OC21223228

Data Last Updated 9:12AM - 10/19/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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