1517 Lovell Avenue
Arcadia, CA, 91007 $ 2,500,000
Bedrooms4 Baths3.0 Sq 2,134 Monthly Estimate*
$ 16,616
Listed by Andrew N Demopulos, BROKER
for $2,500,000 with 4 bedrooms and 3 full baths. This 2,134 square foot home was built in 1953 on a lot size of 0.418.
Welcome to this incredible residential opportunity in a charming duplex property, totaling 2,134 square feet of living space, nestled on a spacious 18,210 square foot lot. This unique property provides the perfect blend of space, privacy, and investment potential, making it a rare find in today's real estate market. As you enter the property, you'll be greeted by a cozy front ranch house featuring two bedrooms and one bath. This well-maintained home offers a warm and inviting atmosphere, making it an ideal space to call home. The layout is thoughtfully designed, providing comfort and convenience. Adjacent to the front ranch house, you'll discover a separate guest suite. This self-contained space features one bedroom and one bathroom, offering versatility for extended family living, guests, or potential rental income. Whether you choose to utilize it for personal use or generate extra revenue, this suite is a valuable addition. Further enhancing the property's potential is the rear house, boasting two bedrooms and one full bathroom. With its own entrance and private living space, this rear house provides additional living quarters or income-generating possibilities. The well-appointed layout ensures that you or your tenants can enjoy comfort and privacy. The vast 18,210 square foot lot is a true gem, featuring a lush yard adorned with mature trees. This outdoor oasis offers shade, serenity, and a serene atmosphere, perfect for relaxation or outdoor activities. Whether you're a nature enthusiast or simply appreciate the beauty of a well-landscaped yard, this property will captivate your senses. This duplex property presents an exceptional opportunity for both homeowners and investors. Live in one of the houses while renting out the other, allowing you to enjoy the benefits of property ownership with supplementary income. Alternatively, the lot's size and layout provide flexibility for further development, including the possibility of constructing a main house and two accessory dwelling units. The choice is yours, making this property a versatile investment with endless potential. Don't miss your chance to own this remarkable duplex property with limitless opportunities. Contact us today to schedule a viewing and explore the possibilities this unique residence has to offer. Your dream home, income property, or development project awaits!
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FeaturesGeneralInterior Features AllBedroomsDown
Sewer PrivateSewer
Cooling None
Zoning ARR1YY
HOA 0.0
Garage Spaces 2.0
Pool Features None
Exclusions Tenant's personal items
Year Built 1953
View None
Stories 1
Levels One
Property SubType Duplex
Community Features Urban
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions South of Camino Real Ave between Baldwin Ave and Holly AVenue
City Arcadia
Entry Location Lovell
View Y/N N
Senior Community Y/N N
High School District Arcadia Unified
NumberOfUnitsTotal 2
MLS Area 605 - Arcadia
Lot Size Units SquareFeet
Lot Size Square Feet 18210.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lovell
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 212
Structure Type Duplex
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 10
Property Sub Type Additional Duplex
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ExteriorLot Features Item01UnitAcre
Water Source Public
Total Parking 2.0
Lot Size Area 18210.0
Spa N
Street Suffix Avenue
Lot Size Acres 0.418
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 3
Laundry Features None
Total Bedrooms 4
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 5
Main Level Bathrooms 3
Total Baths 3
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* Excluded FeaturesList ByAndrew N Demopulos, BrokerBroker
Affordability Calculator
- Monthly Principal & Interest
- $16,616
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Arcadia, CA
Average List Price $3,280,174
Percent of Sale Price 31%
About Arcadia, CA 57,588 Population
8% Since 2002
$ 88,954 Median Income
44.82 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
1077770 Elementary School
1075028 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/2/2023 | $2,500,000 | | Listed Price |