$2,500,000

1517 Lovell Avenue, Arcadia 91007

4

Beds

3

Baths

2,134

Square feet

18,210

Lot Size

Listing Agent
Christina Karagias - Andrew N Demopulos, BROKER

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!

Facts & Features

MLS® # AR23203216
Price $2,500,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,134
Lot Size 18,210
Year Built 1953
Type Residential
Sub-Type Duplex
Status Active
# Of Units 2

Community Information

Address 1517 Lovell Avenue
Area 605 - Arcadia
City Arcadia
County Los Angeles
Zip Code 91007

Amenities

Parking Spaces 2
# of Garages 2
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Features All Bedrooms Down
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Lot Description 0-1 Unit/Acre

School Information

District Arcadia Unified

Additional Information

Date Listed November 1st, 2023
Days on Market 184
Zoning ARR1YY
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChristina Karagias
OfficeAndrew N Demopulos, BROKER

Listing Map

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