1505 S 4th Ave, Arcadia, CA 91006

POTENTIAL GALORE !!! A Very Rare and Unique Opportunity to Purchase this nearly 1/4 acre Property. Located in a Prime Location this home is ready to be Updated, Upgrade and Expand OR build an ADU approved up to 1,000 square feet OR Take Advantage of SB8 and SB9 and Build either 2 Units or up to 4 Units!!! You will need to do your own due diligence for all the latest updates from the City of Arcadia. If a New Single Unit Home is constructed the Maximum Square Footage allowed is as follows: Floor Area up to 4,436 Square Feet and Lot Coverage up to 3,442 Square Feet. The Lot/Home directly in front of it at 1503 S. 4th Avenue is also for sale !!. Your Choice to either keep the Lots Separate OR combine them into One Lot (already Zoned for this by the City of Arcadia). There is an easement granting access to this home on the south side of the property at 1503 S. 4th Avenue that will remain in place if the lots are sold separately. In addition there is a long term month to month tenant in place giving the option to use as an Income Producing Property. Owner May Carry a Loan if needed. DO NOT DISTURB THE TENANTS.