Under ContractSingleFamilyResidence

2328 Lee Avenue

Arcadia, CA, 91006

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$1,988,000

MLS: AR26049296

Beds

5

Baths

4

Sq Ft

2,760

Lot

0.25 ac

Year Built

1963

MLS #

AR26049296

Days on Market

26

Listed

Mar 20, 2026

Description

Located on a peaceful street, this lovely traditional home offers 4 Bedrooms, 3 Bathrooms, plus an additional suite, with an outside entrance, which is perfect for an extended family member. Enhanced with sidelights, front entry door opens to large, light filled living room with fireplace, and adjoining Dining Area. Upgraded kitchen with Kraft Maid custom cabinetry, quartz countertops, stainless steel appliances, and an abundance of overhead lighting. The peninsula separating the kitchen and family room serves as a breakfast bar. The Family Room, which has an additional fireplace, with built-in bookcase, opens to a covered patio with fishpond & fountain. Flooring in downstairs traffic areas is luxury vinyl planking for easy maintenance. There is also a downstairs bedroom/office with nearby hall bathroom. The upstairs bedrooms include a large primary bedroom with walk-in closet and a private bathroom. Two secondary bedrooms are served by a hall bathroom. The Granny Suite was added to the house in 2005. It is attached to the main house and can serve as additional living area, or by locking a door, it can becomes an independent living area with its own outside entrance. It has a dedicated HVAC system and tankless hot water heater. The sitting area has a kitchenette, plus there is a bedroom and bathroom with step-in shower. Behind wrought iron gates, there is a concrete slab in the side yard which lends itself to additional parking and/or storage. For privacy, the backyard perimeter is screened by trees, many of which are fruit bearing. Recent significant upgrades include new HVAC system for the main house, and seismic retrofit upgrades. The house is also wired for fiber optics.

Location

Arcadia, Los Angeles County, CA 91006

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Listed by: Marsha Fields · Coldwell Banker Realty

Payment estimate

$14,109

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $198,800 · Loan: $1,789,200

%
Principal & Interest
$10,993
Property tax (1.25%)
$2,071
Homeowners insurance
$300
Mortgage insurance
$746
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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 $69,580 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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