1517 Lovell Ave, ARCADIA, CA

$2,500,000

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4

Beds

3

Baths

2,134

Square feet

0.42

Acres

About 1517 Lovell Ave

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!

Features of 1517 Lovell Ave

MLS® # AR23203216MR
Price $2,500,000
Bedrooms 4
Bathrooms 3.00
Square Footage 2,134
Acres 0.42
Year Built 1953
Type Residential Income
Sub-Type Apartment Building
Status Active

Community Information

Address 1517 Lovell Ave
Area Arcadia
City ARCADIA
County Los Angeles
State CA
Zip Code 91007

Amenities

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

Interior

Appliances None
Cooling None
Fireplace No
Fireplaces None
# of Stories 1
Has Basement No

Additional Information

Date Listed November 1st, 2023
Days on Market 199
Zoning ARR1YY
Foreclosure No
RE / Bank Owned No

Listing Details

AgentChristina Karagias (00838478)
OfficeAndrew N Demopulos, BROKER

Listing Map

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