1517 Lovell Avenue

Arcadia, CA 91007

$2,500,000

Listed Price
4

bed Beds

3

shower Baths

2,134 sqft

straighten $1,171 / sqft

1953

calendar_month Built

Property Description

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!

Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 3
Fireplace Information
Features None
Interior Information
Cooling Type None

Listing Information

Address 1517 Lovell Avenue
City Arcadia
State CA
Zip 91007
County Los Angeles
Listing Agent Christina Karagias DRE#00838478
Courtesy Of Andrew N Demopulos, BROKER
MLS AR23203216
List Price $2,500,000
Status Active
Type Residential
Subtype Duplex
Structure Size 2,134
Lot Size 18,210
Year Built 1953
DOM 22

Exterior Information

Maps

Listing information courtesy of: Christina Karagias, Andrew N Demopulos, BROKER . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 23rd, 2023 at 10:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.