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1517 Lovell Avenue, Arcadia, CA 91007
$2,500,000
1517 Lovell Avenue, Arcadia, CA 91007View this property at 1517 Lovell Avenue, Arcadia, CA 91007
1517 Lovell AvenueArcadiaCA91007
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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!
Full Property Details
Full Property Details for 1517 Lovell Ave
General
- Price: $2,500,000
- Status: Active
- Type: Duplex
- MLS ID: AR23203216
- Updated: 5/30/2024
- Days on Market: 222 days
- Added to Site: 222 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Driving Directions: South of Camino Real Ave between Baldwin Ave and Holly AVenue
School Information
- School District: Arcadia Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: Lovell
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,134
- Sq. Ft. Source: Assessor
- Year Built: 1953
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.418
- Lot Size (Sq. Ft.): 18,210
- Lot Size Source: Assessor
- Zoning: ARR1YY
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,171.51
Disclosures and Reports
- Buyer’s Brokerage Compensation: 4%
- Special Conditions: Standard
Listed by Andrew N Demopulos, BROKER, Christina Karagias
Get Pre-Approved Today
Schools
Schools serving 1517 Lovell Ave
School District:Arcadia Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
422 W Lemon Ave, Arcadia, CA 91007 | K-5 | 0.4 mi | |
301 S 1st Ave, Arcadia, CA 91006 | 6-8 | 1.6 mi | |
180 Campus Dr, Arcadia, CA 91007 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1517 Lovell Ave
Date
Details
Price
Change
Source
11/01/2023
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1517 Lovell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,301
3%
$217,569
2%
2022
$3,208
2%
$213,304
2%
2021
$3,143
1%
$209,123
1%
2020
$3,111
1%
$206,979
2%
2019
$3,081
6%
$202,922
2%
2018
$2,901
—
$198,944
2%
2017
$2,899
5%
$195,044
2%
2016
$2,766
2%
$191,221
2%
2015
$2,722
1%
$188,349
2%
2014
$2,707
—
$184,660
—
2013
$2,705
—
$183,827
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1517 Lovell Ave
1517 Lovell Avenue, Arcadia, CA 91007 (MLS# AR23203216) is a Duplex property with 4 bedrooms and 3 full bathrooms. 1517 Lovell Avenue is currently listed for $2,500,000 and was received on November 01, 2023. Want to learn more about 1517 Lovell Avenue? Do you have questions about finding other Duplex real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.