PendingSingleFamilyResidence

2121 S 3rd

Arcadia, CA, 91006

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$1,500,000

MLS: CV26086636

Beds

3

Baths

3

Sq Ft

1,928

Lot

0.22 ac

Year Built

1955

MLS #

CV26086636

Days on Market

9

Listed

Apr 22, 2026

Description

Nestled in a highly desirable neighborhood of Arcadia, this exceptional property at 2121 S 3rd Ave presents a rare opportunity to create your dream home in one of Southern California’s most sought-after communities. Situated on an expansive corner lot, this 3-bedroom, 3-bathroom residence offers approximately 1,928 square feet of living space—an ideal canvas for those looking to renovate, expand, or completely reimagine a personal dream home. The oversized corner lot is a standout feature, providing enhanced privacy, flexibility in design, and strong curb appeal potential. The existing pool creates the foundation for a resort-style outdoor retreat, while the screened-in California room offers additional space for indoor-outdoor living. The home’s exterior showcases classic California slump stone masonry, offering durability, character, and a distinctive textured finish that complements the property’s architectural style. Inside, the home features two fireplaces, adding warmth and character, and a functional layout ready for modernization. Key improvements include an HVAC system replaced in 2020, copper plumbing repiped in 2008. From the front of the property, enjoy pleasant neighborhood views that further elevate the home’s charm and future potential. Whether you're an investor, builder, or homeowner with vision, this property offers tremendous upside in a premier location. Arcadia is renowned for its strong property values, top-rated schools, and proximity to major employment centers, shopping, dining, and cultural attractions such as the Los Angeles County Arboretum and Botanic Garden and Santa Anita Park. With limited inventory and continued demand, this location supports both immediate renovation value and long-term appreciation. Property to be sold in its present “as-is” condition with no repairs or warranties from the seller.

Location

Arcadia, Los Angeles County, CA 91006

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Listed by: Andrew Moreno · RE/MAX MASTERS REALTY

Payment estimate

$10,967

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $150,000 · Loan: $1,350,000

%
Principal & Interest
$8,542
Property tax (1.25%)
$1,563
Homeowners insurance
$300
Mortgage insurance
$563
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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 $52,500 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

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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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.