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1517 Lovell Avenue

Arcadia, CA 91007
  • $2,500,000
  • STATUS: Active
  • ON SITE: 200 Days
  • ID#: AR23203216
UPDATED: 237 min ago
$2,500,000
  • 4
    BEDS
  • 0.42
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,134
    SQFT
  • $1,172
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:

School Ratings & Info

School District:
Listing Agent(s): Christina Karagias of Andrew N Demopulos, Broker (626-578-1921)


Description

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 captivate your senses.This duplex property presents an exceptional opportunity for both homeowners and investors. Live in one of the houses while renting out the other, allowing you to enjoy the benefits of property ownership with supplementary income. Alternatively, the lot's size and layout provide flexibility for further development, including the possibility of constructing a main house and two accessory dwelling units. The choice is yours, making this property a versatile investment with endless potential.Don't miss your chance to own this remarkable duplex property with limitless opportunities. Contact us today to schedule a viewing and explore the possibilities this unique residence has to offer. Your dream home, income property, or development project awaits!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-20T00:31:01.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or DeBonis Homes | Coldwell Banker. Licensed in the State of California, USA.
www.debonishomes.com/homes/144903849
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1517 Lovell Avenue Arcadia, CA 91007

  • Price: $2,500,000
  • Status: Active
  • On Site: 200 Days
  • Updated: 237 min ago
  • ID#: AR23203216
4
Beds
3
Baths
0
½ Baths
0.42
Acres
2,134
SQFT
$1,172
$/SQFT
1953
Built
Neighborhood:
605 - Arcadia
County:
Los Angeles
Area:
605 - Arcadia
School District:
Arcadia Unified
Property Description
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 captivate your senses.This duplex property presents an exceptional opportunity for both homeowners and investors. Live in one of the houses while renting out the other, allowing you to enjoy the benefits of property ownership with supplementary income. Alternatively, the lot's size and layout provide flexibility for further development, including the possibility of constructing a main house and two accessory dwelling units. The choice is yours, making this property a versatile investment with endless potential.Don't miss your chance to own this remarkable duplex property with limitless opportunities. Contact us today to schedule a viewing and explore the possibilities this unique residence has to offer. Your dream home, income property, or development project awaits!
Exterior Features

Attached Garage YN No Entry Level 1 Entry Location Lovell Lot Features 0-1 Unit/Acre Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Interior Features All Bedrooms Down Main Level Bathrooms 3 Main Level Bedrooms 5

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Exclusions Tenant's personal items Garage YN Yes Land Lease YN No Laundry Features None Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning ARR1YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-20T00:31:01.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or DeBonis Homes | Coldwell Banker. Licensed in the State of California, USA.
 
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DeBonis Homes | Coldwell Banker
6809 Brockton Ave.
Riverside CA, 92506
Listing Agent(s): Christina Karagias of Andrew N Demopulos, Broker (626-578-1921)