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Listed by HE GEORGE GAO, DRE #01422025 • RE/MAX ELITE REALTY
$ 2,580,000
Est. payment | /mo
2 Beds
1 Bath
1,345 SqFt
$ 2,580,000
Est. payment | /mo
2 Beds
1 Bath
1,345 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,345 sqft
Price per Sqft $1,918
MLS Listing ID CRWS26231518
Bedrooms 2
Full Baths 1
Year Built 1938
Lot Size 0.462 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property 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!
Location
State CA
County Los Angeles
Area 605 - Arcadia
Interior
Heating Central Forced Air
Cooling Other
Fireplaces Type Other
Exterior
Garage Spaces 2.0
Pool None
View Other
Building
Story One Story
Water District - Public
Others
Tax ID 5780001016
Special Listing Condition Not Applicable
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