Home | Los Angeles County | Arcadia | 91007 | 1517 Lovell Ave.
MLS: CRAR26076863 | Status: PendingDoNotShow | Price: $1,788,000
Beds/Baths: 4 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 4 | 3 | 2,134 | 0.418 | 1953 |
Exceptional Investment & Development Opportunity in Prime Arcadia Location Rare opportunity to acquire a unique multi-dwelling property situated on an expansive 18,216 sq. ft. lot (approx. 90’ x 200+), ideally oriented facing east. Located in the highly desirable Baldwin Stocker Elementary boundary (buyer to verify with the City and Arcadia Unified School District), this property offers tremendous potential for builders, investors, or end-users seeking flexibility. The property features three separate living structures: • A charming front ranch-style home with 2 bedrooms and 1 bathroom • An adjacent guest unit offering 1 bedroom and 1 bathroom, ideal for extended family or additional rental income • A rear residence with its own private yard, featuring 2 bedrooms and 1 bathroom, providing excellent privacy and strong income potential Surrounded by mature shade and fruit trees, the lot offers a serene setting with substantial space to reimagine, expand, or build new. Whether you choose to develop, create a custom estate, or live in one unit while generating income from the others, the possibilities here are truly exceptional. Situated in a central Arcadia location near top-rated schools, shopping, dining, and transportation, this is a rare chance to secure a large parcel
| Field | Value |
|---|---|
| MLS # | CRAR26076863 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Dining Room | Other |
| Fireplace | Living Room |
| Laundry | In Closet, In Garage |
| Cooling | Window/Wall Unit |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 1 Car(s) |
| Elementary District | Arcadia Unified |
| High School District | Arcadia Unified |
| HOA Fee | $0 |
Tim Cragoe
Coldwell Banker Realty
License #: 01119101
Phone: –
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 261 Oakhurst | $2,120,000 | 4 | 3 | 2,810 | Active |
| 2335 S 6th Ave | $1,478,000 | 3 | 3 | 1,600 | Active |
| 2215 El Monte Ave | $1,688,000 | 4 | 4/1 | 1,848 | Active |
| 2121 S 3rd | $1,500,000 | 3 | 3 | 1,928 | Active |
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This listing information is up-to-date as of April 22, 2026. For the most current information, please contact Tim Cragoe.