tomo logo

$1,880,000

Beds
3
Baths
1.0
sq ft
1,192

623 W Palm Dr, Arcadia, CA 91007

623 W Palm Dr

Arcadia, CA 91007

  • 1 day on market
Location! Location! Location! Great opportunity for developers or private owners who want to build their dream home in a great neighborhood of Arcadia. This South facing property is being sold for land value only. There is tenants in the house and it is currently rented for month by month. The flat lot has 19255 Sq.ft with 68 feet wide and 281.75 feet deep. Don't miss it.

Details

Property type

Single Family Residence

Est. home value

$1,575,551

Lot size

0.4422 acres

Price per sq ft

$1,578

Year built

1927

HOA

No

Price History

01/21/2025
CRMLS

CRMLS #WS25014526

Listed
$1,880,000
+17.5%
05/05/2023
CRMLS

CRMLS #WS23039535

Sold
$1,600,000
+5.96%
08/15/2022
CRMLS

CRMLS #P1-10023

Sold
$1,510,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Arcadia Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fen Xiao Lam Etal

Loan start date

July 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

Commercial

Seller

Xiangmei Li

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/21/2025 at 10:45 PM

Listing updated: 01/21/2025 at 12:28 PM

Listed by: JASON WEI, RE/MAX PREMIER/ARCADIA Phone #: (626) 229-2200

MLS: CRMLS #WS25014526

CRMLS logo

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