There are so many options with this property. 1) Live in one of the units and rent the rest of the units out to support your mortgage. 2) Add value to the property by renovating the current units and achieving market rents. 3) Develop the property by building a new home, ADU and junior ADU. All potential buyers to verify with the City of Arcadia planning department to determine what can be built.
Property Details
Price:
$1,888,000
MLS #:
AR24174250
Status:
Active
Baths:
0
Address:
1517 Lovell Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
605arcadia
City:
Arcadia
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
91007
Lot Size:
18,216 sqft / 0.42 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Curbs
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1517 Lovell Avenue Arcadia CA
- Area605 – Arcadia
- CityArcadia
- CountyLos Angeles
- Zip Code91007
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Courtesy of Coldwell Banker Realty Pasadena. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1517 Lovell Avenue
Arcadia, CA
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