1503 S 4th Avenue, Arcadia, CA 91006

About this single-family home

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 back of it at 1505 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 this property 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.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$900,000

Sold December 2021 · listed $1,050,000, orig. $1,150,000, on market October 2021 · MLS #OC21223228 · Source: CRMLS

Listing Agent: Karyn Sontag · Listing Office: Keller Williams OC Coastal Realty · Contact: 949-492-7653 · Bought with: YAOTIAN LUO · SKYWAY INVESTMENT CORP.

$900,000

Sold December 2021 · listed $1,050,000, orig. $1,150,000, on market October 2021 · MLS #OC21223190 · Source: CRMLS

Listing Agent: Karyn Sontag · Listing Office: Keller Williams OC Coastal Realty · Contact: 949-492-7653 · Bought with: YAOTIAN LUO · SKYWAY INVESTMENT CORP.

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