2 months on rocket

1517 Lovell Ave, Arcadia, CA, 91007

$1,888,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1517 Lovell Ave, Arcadia$1,888,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage2 spaces
Year Built1953
MLS #AR24174250
Lot Size0.42 Acres
StatusActive

About 1517 Lovell Ave

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

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Realty Pasadena
  • Office Phone: (626) 394-2527
  • Listing Agent: Robert Ip

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Other

Directions Information:

  • Directions: South of Camino Real Ave between Baldwin Ave and Holly AVe

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,888,000

Tax Information:

  • Annual Amount: $3,143
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Arcadia, CA.

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Arcadia, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$691

Avg. Days On Market

40

# of Sold Homes

36

1517 Lovell Ave vs Arcadia

86 DAYS ON ROCKET

+46 Days

$1,888,000

+$463K More

KEY TAKEAWAY

This property is $463K more than the Median Sold Price in Arcadia, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24174250

Listing Office:

  • Office Name: Coldwell Banker Realty Pasadena
  • Office Phone: (626) 394-2527
  • Listing Agent: Robert Ip

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,143$209,123
2020$3,080$206,979
2019$2,901$202,922
2018$2,899$198,944
2017$2,899$195,044

History based on county public records data.

Payment Calculator

$9,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,727

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-429906
8
/10

  • Baldwin Stocker Elementary School

  • 422 W Lemon Ave

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-429907
8
/10

  • Holly Avenue Elementary School

  • 360 W Duarte Rd

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-429908
7
/10

  • Longden Elementary School

  • 9501 Wendon St

  • 1.02 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,222. Most Arcadia, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Arcadia›91007›1517 Lovell Ave

This home is located at 1517 Lovell Ave in Arcadia, CA and zip code 91007 in the The San Gabriel Valley neighborhood. This home, which was built in 1953, sits on a 0.42 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,888,000.

In October 2024 more than 12 listings in Arcadia, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 18 were sold below. In October 2024 in Arcadia, CA there were 6.7% more homes for sale than in September 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $1,425,000.

From Rocket Homes Real Estate and based on county public records data.

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