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Sold for $2,750,000 on 05/07/24
  • Listing Provided by: 

    Ash Rizk DRE #01503342 626-393-5695,

    Coldwell Banker Realty

    Bought with: Coldwell Banker Realty
    $2,750,000

    614 Walnut Ave, Arcadia, CA 91007

    8beds
    4,625sqft
    Triplex
    Built in 1941
    -- sqft lot
    $2,813,800 Zestimate®
    $595/sqft
    $4,740 Estimated rent

    Home value

    $2,813,800

    $2.53M - $3.15M

    $4,740/mo

    Zestimate® history
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    $17,254/mo

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    What's special

    Welcome to your future oasis in the heart of beautiful Arcadia! 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 seclusion. 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!

    Zillow last checked: 8 hours ago

    Listing updated: May 07, 2024 at 12:23pm

    Listing Provided by:

    Ash Rizk DRE #01503342 626-393-5695,

    Coldwell Banker Realty

    Bought with:

    Ash Rizk, DRE #01503342

    Coldwell Banker Realty

    Source: CRMLS,MLS#: AR24051121MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 6
    • Main level bathrooms: 6
    • Main level bedrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,625 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: Private
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.73 Acres
    • Features: Back Yard, Level, Street Level, Value In Land, Yard
    Details
    • Parcel number: 5787011021
    • Zoning: ARR1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Arcadia

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    5/7/2024Sold$2,750,000-8.3%$595/sqft
    Source: CRMLS #AR24051121
    5/3/2024Pending sale$2,998,000$648/sqft
    Source: CRMLS #AR24051121
    4/15/2024Price change$2,998,000-14.3%$648/sqft
    Source: CRMLS #AR24051121
    3/13/2024Listed for sale$3,500,000$757/sqft
    Source: CRMLS #AR24051121

    Public tax history

    YearProperty taxesTax assessment
    2025$33,493 +1124.1%$2,805,000 +2071.5%
    2024$2,736 +1.5%$129,176 +2%
    2023$2,696 +2.5%$126,644 +2%

    Find assessor info on the county website

    Neighborhood: 91007

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Baldwin Stocker
    • Middle: 1St Ave
    • High: Arcadia

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $2,813,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,813,800