1517 Lovell Avenue, Arcadia, CA 91007

$2,500,000 Asking Price

4 beds
3 baths
2,134  sqft
Built in 1953

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 cap

Features & Amenities

Interior

Laundry:
N/K
A/C:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
ARR1YY, 5785001020
View:
N/K

Utilities

Water:
Public
Sewer:
Private Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Andrew N Demopulos, BROKER, Christina Karagias

About Arcadia, CA

Housing

Number of Units
23,025
Median Home Value
$993,204
Median Rent
$1,643

38.81% of housing units are renter occupied.

5.43% are vacant.

Commute

Car
60.00%
Public Transportation
2.17%
Walk to Work
0.40%
Work from Home
36.06%
Other
1.13%

The median travel time to work is 21 minutes.

People

Population
65,540
Median Age
44.00
Median Household Size
3.04

Education

High School
16.10%
Associate’s Degree
8.31%
Bachelor’s Degree
35.24%
Graduate Degree
19.34%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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