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$2,998,000
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614 Walnut Ave
Arcadia, CA 91007
24 bed 18 bath 4,625 SqFt ($648/SqFt)
0.73 acre lot. Built 1941
Listed 2024-03-21, Taxes $2,630
Ⓧ USDA Ineligible
due to price & location

near Arcadia

Latest Value Estimates: $2,796,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$2,827,390 in 2025-02-01 by Collateral Analytics.

Welcome to your future oasis in the heart of pretty Arcdia!

This expansive property boasts 3 single-family homes strategically positioned on a sprawling lot of over 31, 000 Square Feet, (138 X 230) providing ample space and privacy. The main house at 614 features a charming circular driveway and offers three bedrooms and two baths. Nestled in the rear, the 2nd house at 618 Walnut Ave boasts its own private long driveway all the way to the back, ensuring tranquility and seclusio n.

Meanwhile, the 3rd House at 616 enjoys the luxury of a separate lot with a privacy wall. With the potential to rehab all 3 homes for rental income or start anew with a stunning custom build, the possibilities are endless. Plus, with a six-car garage that could potentially be converted into an ADU, this property offers even more flexibility. Don't miss out on the opportunity to create your dream home or investment in this prime location within the esteemed Arcadia School district. Schedule your viewing today and unlock the potential of this remarkable property!


Presented by Ash Rizk at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #AR24057059 from CRMLS

Bedrooms: 24

All Bedrooms Down, Den, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite

Laundry Features: Inside

Cooling Features: Central Air
Fireplace Features: Family Room
Heating Features: Central
Heating: Yes

Full Bathrooms: 18

Pool Features: Private
Pool Private: Yes

Lot Description: Back Yard, Level with Street, Lot 20000-39999 Sqft, Level, Value In Land, Yard
Lot Size Acres: 0.7261
Lot Size Source: Assessor
Lot Size Square Feet: 31629

Garage Spaces: 8
Parking Total: 8

View: Mountain(s)

Number of Units: 3
Bedrooms in Unit-1: 8
Total Bathrooms in Unit-1: 6
Unit-1 Garage Spaces: 8

Calculated Total Monthly Association Fees: 0

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 605 - Arcadia
Source Neighborhood: 605 - Arcadia
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5787011021
Postal Code Plus 4: 8340
Zoning: ARR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$71,749 + $52,413
$124,162
$2,630
2021$70,343 + $51,386
$121,729
$2,558
2020$69,622 + $50,860
$120,482
$2,536
2019$68,257 + $49,863
$118,120
$2,515
2018$66,919 + $48,886
$115,805
$2,061
2017$65,607 + $47,928
$113,535
$2,053
2016$64,321 + $46,989
$111,310
$2,182
2015$63,355 + $46,284
$109,639
$2,152
2014$62,114 + $45,378
$107,492
$2,160
2013$61,834 + $45,173
$107,007
$2,152
2012$60,622 + $44,288
$104,910
$2,122
2010$59,434 + $43,420
$102,854
$1,836
2009$59,131 + $43,199
$102,330
$1,746
2009$58,990 + $43,096
$102,086
$1,746
2008$57,972 + $42,352
$100,324
$1,707
2007$56,836 + $41,522
$98,358
$1,642

Price Changed 2024-04-17
$2,998,000
CRMLS
Price Changed 2024-04-15
$2,998,000
CRMLS
Listed 2024-03-21
$3,500,000
CRMLS
Listed 2024-03-13
$3,500,000
CRMLS
Sold 1981-03-27
$126,000
Public Record
Sold 1973-05-17
$72,000
Public Record

Total Square Feet Living: 4625
Year Built: 1941
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 83
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Baldwin Stocker Elementary School is a public elementary school located approximately 0.4 miles away.
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Arcadia High School is a public high school located approximately 1.5 miles away.
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First Avenue Middle School is a public middle school located approximately 2.1 miles away.
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Foothill Preparatory School is a private high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.