1500 S 3rd Avenue
Arcadia, CA, 91006
$1,298,000
MLS: P1-26468
Beds
3
Baths
2
Sq Ft
1,421
Lot
0.24 ac
Year Built
1955
MLS #
P1-26468
Days on Market
7
Listed
Mar 27, 2026
Description
When Mr. and Mrs. Pandit were looking for just the right area to raise their only daughter they settled in Arcadia. It was 1975 and Arcadia was already well known for its schools and friendly neighborhoods. Mr. Pandit, an engineer at Ralph M. Parsons in Pasadena, loved Arcadia's proximity to his new office and specifically loved a home on 3rd Avenue, a Traditional set on a spacious 10,500 square foot lot. The three-bedroom two-bathroom floor plan of 1,421 square feet was the perfect size for his family. After 51 years of cherished memories, including their daughter's wedding in the backyard, it is now time for its next owner to create new ones.Off the covered front porch is the entry to the home. The entry opens directly into the central hallway and living room. On the south side of the home are two bedrooms and a full bathroom. Each bedroom features large windows, nicely sized closets, and original lighting. On the north side is the third bedroom and 3/4 bathroom. The living room is in the middle and features a fireplace, access to the rear yard, and multiple windows. The kitchen includes original tiled counters, oven, and stove top with vent hood along with another dining area and separate laundry room. The nearly 1/4 acre lot is certainly one of the highlights. The front yard has been beautifully landscaped, and the rear yard offers a detached two-car garage, concrete porch, assortment of plants, roses, and trees, and a very large grassy area. Additional features include refinished hardwood flooring, new exterior and interior paint, copper plumbing, newer roof, central heating and air conditioning, and Arcadia's award-winning schools.
Location
Arcadia, Los Angeles County, CA 91006
Open on Google Maps ↗Listed by: Jeremy Hardy · Craig Estates and Fine Properties
Payment estimate
$9,316
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,800 · Loan: $1,168,200
- Principal & Interest
- $7,178
- Property tax (1.25%)
- $1,352
- Homeowners insurance
- $300
- Mortgage insurance
- $487
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $45,430 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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