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1503 S 4th AvenueArcadia, CA 91006Price: $1,150,000

  • Price: $1,150,000
  • Est. Mortgage of $/month
  • 9 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,150,000List Price
  • 0.23Acreage

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Listed by Karyn Sontag of Keller Williams OC Coastal Realty
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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 "Based on information submitted to CA_CRMLS as of October 21, 2021 7:54 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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