1431 S 6th Avenue, Arcadia, California 91006, Arcadia, 91006 - 3 bed, 1 bath

1431 S 6th Avenue, Arcadia, California 91006 home-pic-0
ACTIVE$2,150,000
1431 S 6th Avenue, Arcadia, California 91006
3Beds
1Bath
1,312Sqft
23,059Lot
Year Built
1920
Close
-
List price
$2.15M
Original List price
$1.65M
Price/Sqft
$1,639
HOA
-
Days on market
-
Sold On
-
MLS number
WS25066123
Home ConditionTear down
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.15M(69th), sqft - 1312(19th), beds - 3(50th), baths - 1(15th).

Nestled in one of Arcadia’s most coveted neighborhoods, this rare gem sits on an expansive lot offering incredible potential for developers, investors, or homeowners looking to build their dream estate. Just steps away from top-rated Camino Grove Elementary, lush parks nearby, local grocery stores, and a variety of popular restaurants, the location is as convenient as it is prestigious. The property comes with architectural plans and can be delivered approved by the city, saving you time and accelerating your vision to reality. Opportunities like this don’t come often—own a prime piece of Arcadia real estate with endless upside and unbeatable walkability! Whether you’re looking to build, invest, or create your forever home, this property offers incredible potential in a top-tier location.

Condition Rating
Tear down

The property was built in 1920, making it over 100 years old. The images reveal an extremely outdated and neglected interior, particularly in the kitchen and bathroom, which show fixtures, cabinetry, and finishes that appear to be original or from a renovation over 50 years ago. The kitchen features old wooden cabinets, dated appliances, and fluorescent lighting, while the bathroom has very old tile, vanity, and fixtures. The overall condition, including worn carpets, popcorn ceilings, and peeling paint, indicates significant physical depreciation and a lack of major renovations in recent decades. The MLS description itself highlights the property's 'incredible potential for developers, investors, or homeowners looking to build their dream estate' and explicitly states that the existing structure 'is likely considered a tear-down or requires extensive renovation.' This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair and its value is based solely on the land and its potential for redevelopment.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23059, living area = 1312.
Prestigious Location & Walkability: Nestled in one of Arcadia’s most coveted neighborhoods, offering unbeatable walkability to top-rated Camino Grove Elementary, lush parks, local grocery stores, and popular restaurants.
Expansive Lot Size & Development Potential: An expansive 23,059 sqft lot provides significant space and incredible potential for developers, investors, or homeowners to build a custom dream estate.
Approved Architectural Plans: The property includes architectural plans that can be delivered city-approved, significantly saving time and accelerating the development process for a new build.
Top-Rated School District: Located within the highly desirable Arcadia Unified School District, a major draw for families seeking excellent educational opportunities.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and potential value.

Cons

Outdated/Limited Existing Structure: The existing 1920-built home (3 beds, 1 bath, 1312 sqft) is likely considered a tear-down or requires extensive renovation, adding significant cost and effort to the buyer's project.
High Initial Investment Beyond Purchase Price: While offering development potential, the property requires a substantial additional investment for construction, which is a significant financial commitment beyond the $2.15M list price.
Aggressive Pricing Strategy: The current list price of $2.15M is considerably higher than the estimated value of $1.858M and the original list price of $1.65M, which may require strong justification to potential buyers.

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