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NewLuxury

$2,480,000

1,345 sqft$1,844/sqft10 days on market

1510 S 4th AVE

Arcadia, CA 91006

· 8% down, 7% APR, 30yr fixed

2

Beds

1

Baths

1,345

Square feet

1938

Built

Listing narrative

Description

RARE DEVELOPMENT OPPORTUNITY IN PRIME ARCADIA! Located on a desirable corner at S 4th Avenue and E Pamela Road, this exceptional approximately 20,097 SF (100’ x 199’) flat lot offers outstanding potential for developers, builders, or investors. The property presents an opportunity to create two new homes, subject to applicable City approvals and buyer verification. The surrounding neighborhood features numerous newer and upscale residences, making this an ideal location for high-end new construction. The existing approximately 1,345 SF, 2-bedroom, 1-bath single-family residence provides potential rental income while plans and development are being prepared. The property is located within the highly regarded Arcadia Unified School District and offers convenient access to shopping, dining, parks, and major transportation routes. Land value/development opportunity, it has a tentative plan approved by the City. Buyer to independently verify all development potential, lot-split requirements, zoning, dimensions, permits, and intended use with the City of Arcadia. Don’t miss this exceptional opportunity to build two new homes on an oversized corner lot in one of Arcadia’s most desirable neighborhoods!

Listing agent (MLS): HE GEORGE GAO · Listing brokerage (MLS): RE/MAX ELITE REALTY

Property Details

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Price

$2,480,000

Beds

2 bd

Type

House

Home Size

1,345 sqft

Baths

1

Lot Size

0.46 acres

Year

1938

Status

New

Days on Market

10

$ / Sqft

$1,844

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX ELITE REALTY