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375 W Duarte Road, Arcadia, California 91007, Arcadia, 91007 - 3 bed, 2 bath

375 W Duarte Road, Arcadia, California 91007 home-pic-0
ACTIVE$2,198,000
375 W Duarte Road, Arcadia, California 91007
3Beds
2Baths
1,602Sqft
17,315Lot
Year Built
1938
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$1,372
HOA
-
Days on market
-
Sold On
-
MLS number
WS25036143
Home ConditionTear down
Features
Good View: City Lights, Mountain(s), Neighborhood
ViewCity Lights,Mountain(s),Neighborhood

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.20M(57th), sqft - 1602(16th), beds - 3(38th), baths - 2(34th).

Arcadia School District!!! This South Facing Home is situated behind a beautifully landscaped and private front yard on a 17,315 lot, renovated 6 Bedrooms, 2 Bathroom home in Arcadia. Holly Avenue Elementary school is across the street. Close to Arcadia high school, Santa Anita Mall and Golf Course. Property to be sold for Land Value in as-is physical condition without warranties. Buyer to verify the lot size, zoning, and development requirements with the city. Lot size: 74x234 total 17,315 Sqft, lots of potential to build a dream house and pool house, don't miss out the opportunity!!!

Condition Rating
Tear down
The property, built in 1938, is explicitly marketed 'for Land Value in as-is physical condition without warranties,' indicating the existing structure is not considered a primary asset. The images confirm a severely outdated interior, particularly the kitchen with its old white appliances and cabinetry, and the bathrooms with dated fixtures and finishes. There's no evidence of major renovations within the last 50 years. The overall condition suggests the house is beyond practical repair or renovation for modern living, and its value lies solely in the land 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 = 17315, living area = 1602.
Exceptional Development Potential: The expansive 17,315 sqft lot (74x234) is explicitly marketed for its land value and potential to build a dream house and pool house, offering significant redevelopment opportunities.
Prime Location & Top School District: Located in the highly sought-after Arcadia School District, with Holly Avenue Elementary directly across the street and close proximity to Arcadia High School, Santa Anita Mall, and Golf Course.
Desirable Orientation & Views: The property boasts a preferred south-facing orientation and offers attractive views of City Lights, Mountains, and the surrounding neighborhood.
Immediate Curb Appeal: Features a beautifully landscaped and private front yard, enhancing the property's initial presentation and appeal.
Versatile Investment Opportunity: Ideal for investors or homeowners looking to build a custom residence in a prime location, leveraging the substantial land size and desirable surroundings.

Cons

Land Value & As-Is Condition: The property is sold strictly for 'Land Value' and in 'as-is physical condition without warranties,' indicating the existing 1938 structure likely requires demolition or extensive, costly renovation.
Buyer Due Diligence Responsibility: Buyers are solely responsible for verifying all lot size, zoning, and development requirements with the city, which could uncover unforeseen limitations or additional costs.
Premium Pricing for Land: The list price of $2.198M reflects a significant premium for the land and its development potential, rather than the current habitable condition of the existing structure, which is valued considerably lower.

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