10528 E Live Oak Avenue E, Arcadia, CA 91007

$2,937,000
List Price
$2,937,000
Status
ACTIVE
MLS#
AR18244617
Lot Size
29,370
Lot Location
Level with Street, Lot 20000-39999 Sqft, Value In Land
Days on Market
11
Property Type
Land

Property Description

10522-528 E Live Oak Ave: a development opportunity in the highly desirable City of Arcadia, CA. This is the first time this property has been on the market since 1979 (39 years)! The property is 29,370 SF lot zoned R1 and located WITHIN the award-winning Arcadia Unified School District. The property is located within county area and thus enjoy a more streamlined process in redevelopment (re-zoning and plan submittal is through the LA County office). This offering provides developer an opportunity to redevelop the property into multi-unit residential (for sale or for rent), or build a large custom home. The property is situated on a quiet residential street surrounded by single-family houses and small apartment buildings. It is within the highly acclaimed Arcadia School District. There are several new residential and commercial development projects nearby which show the strength of local property market. The property’s total building size is 4,672 sqft and consists of 5 single family houses/bungalow style with multiple carports and attached private garage. Three of the houses were built in 1957, one was built in 1962 and one was built in 1936. Each house has private patio/front yard/side yard complete with laundry hookups. There are ample parking spaces provided by carports, attached garage and open space. The front house has 2-car carports and plenty of open parking spaces, while the remaining four houses have attached private garage and plenty of open parking spaces.

Additional Information

Lot Description
Suburban, Valley
View
Neighborhood
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Handoko Chen from GIG Real Estate Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.