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ActiveSingleFamilyResidence

5623 Gracewood

Arcadia, CA, 91007

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$798,000

MLS: AR26221185

Beds

3

Baths

1

Sq Ft

1,102

Lot

0.11 ac

Year Built

1952

MLS #

AR26221185

Days on Market

2

Listed

Oct 12, 2026

Description

Arcadia Schools. First time on the market in over 50 years. Incredible opportunity to own a single-family home in the prestigious Arcadia school district at this price. 3 bedrooms 1 bath. Large living room with hardwood floors recessed lighting. Updated kitchen with oak cabinets, granite counters, tile floor, recessed lighting, refrigerator included, adjoining dining room w/ceiling fan and tile floors. Separate laundry room. Large main bedroom with hardwood floors, closet w/mirrored wardrobe doors. Covered outdoor entertaining area with power, ceiling fan and rain gutters. Perfect size low maintenance yard. Covered rear patio. Separate detached workshop/storage area. Close to Live Oak Park. Central Air, rain gutters, automatic sprinklers, covered carport parking. Many photos are virtual staging; there is no furniture in the home

Location

Arcadia, Los Angeles County, CA 91007

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Listed by: Robert Doeppel · RBD Real Estate Services, INC.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,403

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,800 · Loan: $718,200

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,973
Property tax (1.25%)
$831
Homeowners insurance
$300
Mortgage insurance
$299
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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 Oct 8, 2026

30-year fixed
7.40%
15-year fixed
6.73%

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 $27,930 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.

Similar Homes Nearby

Active and pending listings in ZIP 91007 (Arcadia)within ±10% of this home's price and size.

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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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.