Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

212 W Las Flores Avenue

Arcadia, CA, 91007

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$3,080,000

MLS: AR25190560

Beds

2

Baths

2

Sq Ft

1,351

Lot

0.72 ac

Year Built

1947

MLS #

AR25190560

Days on Market

42

Listed

Aug 22, 2025

Description

Welcome to a rare chance to own an expansive flat lot (100 x 312 ft) in one of Arcadia’s most exclusive areas—where surrounding estates are valued at $5 million and beyond, and many feature grand residences of over 10,000 sq.ft. This property isn’t just land; it’s an opportunity to create a signature luxury home that will stand proudly among Arcadia’s finest estates. Whether you’re an investor seeking long-term appreciation or a developer looking to craft the next landmark estate, this property is the canvas for your vision. Located within the award-winning Arcadia School District and just steps away from Arcadia High. The existing house features 3 bedrooms, a den with fireplace, 2 bathrooms, dining room, kitchen, garage and a spacious layout—currently generating $3,800–$4,200 per month in rental income. This provides immediate holding value while you design and build the estate you envision.

Location

Arcadia, Los Angeles County, CA 91007

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Listed by: Chihlan Chu · IRN Realty

Payment estimate

$21,695

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $308,000 · Loan: $2,772,000

%
Principal & Interest
$17,032
Property tax (1.25%)
$3,208
Homeowners insurance
$300
Mortgage insurance
$1,155
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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 $107,800 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.

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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