$1,580,000
●
House -
Off Market
2437 Florence Avenue
Arcadia, CA 91007
3 Beds
2 Baths
1,930 Ft²
$8,338
Est. Monthly
About This Property
Welcome to 2437 Florence Ave, a rare opportunity to create your
custom dream estate in one of Arcadia's most prestigious
neighborhoods. Set on a sprawling 19,103 sq ft flat lot, this
property offers the perfect foundation to design and build the home
you've always envisioned. The current home, built in 1935, features
3 bedrooms, 2 bathrooms, and 1,930 sq ft of living space, including
a spacious living room with a fireplace, an open dining area, a
separate den, a functional kitchen with built-in eating area, and
laundry room near the rear door. A covered rear patio
provides outdoor relaxation space, and a detached garage with a
sectioned area as a hobby room adds to the home's charm.
A majestic oak tree graces the front yard, adding timeless charm and natural beauty to the property's curb appeal-an ideal centerpiece for your future dream home. Located close to shopping, dining, entertainment, Santa Anita Golf Course, and the historic race track, and within the boundaries of the top-rated Arcadia School District, this is a chance to build not just a home, but a lifestyle.
A majestic oak tree graces the front yard, adding timeless charm and natural beauty to the property's curb appeal-an ideal centerpiece for your future dream home. Located close to shopping, dining, entertainment, Santa Anita Golf Course, and the historic race track, and within the boundaries of the top-rated Arcadia School District, this is a chance to build not just a home, but a lifestyle.
Unit Size
1,930 Ft²
Days on Market
117 days
Land Size
0.44 acres
Price per sqft
$880
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #AR25091042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Decreased |
$1,698,000
↓ $200K
(10.5%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by Compass | $1,898,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arcadia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Luther Tsinoglou, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25091042
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25091042
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. 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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017