NOT LISTED FOR SALE

1131 S 10th Ave Arcadia, CA 91006

Estimated Value: $1,519,000 - $2,171,000

0.83 Acre
$2,111,030 Price per Acre
36,251 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $1,660,000 $770 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,028/month

59 Days on Market

Highlights

  • 0.83 Acre Lot
  • Mountain View
  • No HOA
  • Camino Grove Elementary School Rated A

About This Lot

As of April 2024

Exceptional opportunity to acquire a prime piece of land spanning over 36,200 square feet in the prestigious area of Arcadia, boasting proximity to renowned Arcadia schools. This property, highly esteemed for its expansive land, is comprised of two separate parcels (Front 5780020051 has 11,202 SF and Back 5780020050 has 25,049 SF) and currently hosts two Duplex houses along with a studio with recently completed updates. The front house is a delightful 2-bedroom, 1-bath residence featuring a spacious living room adorned with a fireplace, a dining area, a well-appointed kitchen, and a large partially covered patio. The studio offers a generous open space complemented by closet/storage and a full bath. Additionally, the back house consists of 1 bedroom and 1 bath, accompanied by a fenced yard. Surrounding the residences are vast grounds that include two driveways – one on the north side leading to a single garage, and the south driveway extending all the way back to a double garage and a double carport. Primarily valued for its land, this versatile property presents a multitude of possibilities for development or use as rental properties. Don't miss the opportunity to explore the full potential of this remarkable piece of ground. Gain valuable insights into development options by consulting with the Arcadia Building Department. Take action now and envision the myriad possibilities that await with this expansive property!

Last Agent to Sell the Property

Na Sun

Treelane Realty Group Inc. Brokerage Phone: 626-554-6472 License #02108271 Listed on: 02/12/2024

Last Buyer's Agent

Jennifer Gao

Real Brokerage Technologies License #02142311

Real Brokerage Technologies

Property Details

Property Type

  • Land

Lot Details

  • 0.83 Acre Lot
  • Fence is in average condition
  • 5780020051
  • Property is zoned ARR1YY

Additional Features

  • Mountain Views
  • Private Water Source

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 808
  • Assessor Parcel Number 5780020050
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Improved Duplex, Residential
  • Possible Use Comments: Residential, Buyer to verify with City
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ARR1YY
  • Property Type: Land
  • Parcel Number: 5780020050
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 45.79

Exterior Features

  • View: Mountain(s)
  • Fencing: Average Condition

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5780020051
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 36251.00
  • Lot Size Acres: 0.8322

Multi Family

  • Lot Size Area: 36251.0000 Square Feet

Tax Info

  • Tax Census Tract: 4308.02
  • Tax Lot: 86
  • Tax Tract Number: 808
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 31, 2024
Sold by
Zhang Yan
Bought by
Acehome Real Estate Llc
Seller's Agent
Na Sun
Treelane Realty Group Inc.
Buyer's Agent
Jennifer Gao
Real Brokerage Technologies
List Price
$1,990,000
Sold Price
$1,660,000
Premium/Discount to List
-$330,000
-16.58%
Views
16
Current Estimated Value
$1,681,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,902
Avg. Annual Appreciation
3.39%

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 19, 2024
Sold by
Ai Jianfeng
Bought by
Zhang Yan
Seller's Agent
Na Sun
Treelane Realty Group Inc.
Buyer's Agent
Jennifer Gao
Real Brokerage Technologies
List Price
$1,990,000
Sold Price
$1,660,000
Premium/Discount to List
-$330,000
-16.58%
Views
16

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 14, 2024
Sold by
Camp Family Trust
Bought by
Yang Zhan and Ma Xiaomeng
Seller's Agent
Na Sun
Treelane Realty Group Inc.
Buyer's Agent
Jennifer Gao
Real Brokerage Technologies
List Price
$1,990,000
Sold Price
$1,660,000
Premium/Discount to List
-$330,000
-16.58%
Views
16

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 1, 2023
Sold by
Camp Family Trust
Bought by
Yang Zhan and Ma Xiaomeng
Seller's Agent
Kathleen Mueller
MUELLER REALTY
Buyer's Agent
Na Sun
Treelane Realty Group Inc.
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Acehome Real Estate Llc -- Wfg National Title
Zhang Yan -- Wfg National Title
Zhang Yan $1,660,000 Wfg National Title
Yang Zhan -- Wfg National Title
Yang Zhan $1,550,000 Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $1,660,000 0.0% $770 / Sq Ft
04/26/2024 04/26/24 Sold $1,660,000 -7.3% $770 / Sq Ft View Prior Sale
04/03/2024 04/03/24 Price Changed $1,790,000 0.0% $830 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,790,000 -10.1% $830 / Sq Ft
02/12/2024 02/12/24 For Sale $1,990,000 0.0% $923 / Sq Ft
02/01/2024 02/01/24 For Sale $1,990,000 +28.4% $923 / Sq Ft
05/22/2023 05/22/23 Sold $1,550,000 -11.4% $719 / Sq Ft View Prior Sale
03/09/2023 03/09/23 For Sale $1,750,000 -- $811 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,901 $1,377,000 $765,000 $612,000
2024 $14,901 $1,296,420 $735,420 $561,000
2023 $4,540 $339,899 $119,464 $220,435
2022 $4,402 $333,235 $117,122 $216,113
2021 $4,315 $326,702 $114,826 $211,876
2020 $4,266 $323,353 $113,649 $209,704
2019 $4,221 $317,014 $111,421 $205,593
2018 $4,068 $310,799 $109,237 $201,562
2016 $3,914 $298,733 $104,997 $193,736
2015 $3,850 $294,246 $103,420 $190,826
2014 $3,813 $288,483 $101,395 $187,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24029912

California Regional Multiple Listing Service (CRMLS)

APN: 5780-020-051