1116 Paloma Drive
Arcadia, CA, 91007
(No pictures available yet)
$1,738,000
MLS: P1-26998
Beds
3
Baths
2
Sq Ft
2,113
Lot
0.32 ac
Year Built
1950
MLS #
P1-26998
Days on Market
1
Listed
May 5, 2026
Description
Welcome to 1116 Paloma Drive, a home that has been lovingly held by the same family since the 1950s. Offering comfort and functionality today with the opportunity to update over time, this property presents a rare chance to enjoy now while planning for your future dream home.Situated in desirable Lower Rancho Arcadia on an expansive lot with approximately 85 feet of frontage and 166 feet of depth (just over 14,000 square feet), the setting provides exceptional space and versatility. The lot configuration also offers long-term potential for those considering expansion or the construction of a new estate home.The spacious living room is filled with natural light and features a cozy traditional fireplace along with picturesque mountain views. The family room, complete with a second brick fireplace, opens to the kitchen, creating a comfortable and connected living environment.On the east side of the home, a generous sized room with private access offers incredible flexibility. This multipurpose room is ideal for use as a guest suite/third bedroom, home office, media room, fitness studio, playroom, etc. With both front and backyard access, it provides a private and functional space adaptable to a variety of needs.The kitchen overlooks the backyard and includes a pantry, with convenient access to the laundry room. A three-quarter bathroom off the laundry room also provides direct backyard access, adding to the home's practical layout.Two well-proportioned bedrooms are located on the west side of the home. The hall bathroom has been updated with new light fixtures, new sink and new tile surrounding the bathtub.Additional highlights include new interior paint, new appliances in the kitchen, new light fixtures and central air and heat.Whether you choose to enjoy the home as-is or enhance it over time, 1116 Paloma Drive offers a unique opportunity to own a well-maintained property with both immediate livability and long-term potential in a highly sought-after neighborhood.
Location
Arcadia, Los Angeles County, CA 91007
Open on Google Maps ↗Listed by: Reni Rose · Berkshire Hathaway HomeServices California Properties
Payment estimate
$12,659
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $173,800 · Loan: $1,564,200
- Principal & Interest
- $9,897
- Property tax (1.25%)
- $1,810
- Homeowners insurance
- $300
- Mortgage insurance
- $652
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Arcadia home with as little as 3.5% down using an FHA loan — roughly $60,830 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Arcadia, CA 91007 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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