ActiveResidential · sale

2623 Fairgreen

Arcadia, CA 91006

$1,650,000

  • 3 beds
  • 3 baths
  • 2,262 sq ft
  • 0.27 acres
  • Built 1951

Listed by Hatlen Properties · MLS #P1-28460

2623 Fairgreen, Arcadia, CA 91006 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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2623 Fairgreen, Arcadia, CA 91006 · MLS #P1-28460

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Sun-filled living spaces feature hardwood floors, crown molding and large picture windows, while the formal living room is highlighted by a gas fireplace and the elegant dining room features a lovely bay window.At the heart of the home is the gourmet kitchen with quartz countertops, a large center island and an impressive collection of Miele and Bosch appliances, including a built-in espresso maker, double oven and warming drawer.

Details worth a look

The kitchen opens to a spacious family room with French doors leading to the resort-style backyard--perfect for entertaining or relaxing with a pergola-covered patio, gated pool, tranquil water feature, grassy lawn and mature fruit trees.The spacious primary suite offers a walk-in closet and spa-inspired bath with dual sinks, a jetted soaking tub and oversized shower with rain showerhead.

Year built

Built in 1951.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

The price is right! Big reduction! Beautifully upgraded and meticulously maintained, this inviting home blends classic charm with modern amenities and exceptional indoor-outdoor living. Sun-filled living spaces feature hardwood floors, crown molding and large picture windows, while the formal living room is highlighted by a gas fireplace and the elegant dining room features a lovely bay window.At the heart of the home is the gourmet kitchen with quartz countertops, a large center island and an impressive collection of Miele and Bosch appliances, including a built-in espresso maker, double oven and warming drawer. The kitchen opens to a spacious family room with French doors leading to the resort-style backyard--perfect for entertaining or relaxing with a pergola-covered patio, gated pool, tranquil water feature, grassy lawn and mature fruit trees.The spacious primary suite offers a walk-in closet and spa-inspired bath with dual sinks, a jetted soaking tub and oversized shower with rain showerhead. Two additional bedrooms and a beautifully appointed hall bath complete the living space.Additional highlights include a finished detached two-car garage with epoxy flooring and built-in storage, EV-ready driveway, whole-house Generac generator, surveillance cameras and security system. Thoughtfully upgraded inside and out, this special home offers comfort, style and wonderful spaces for everyday living and entertaining.
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THE NEIGHBORHOOD

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2623 Fairgreen, Arcadia, CA 91006

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1951
Full baths
2
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,GasCooktop,Microwave,Refrigerator
Flooring
Tile,Wood
Utilities
SewerConnected
Fencing
Block,WroughtIron
Pool
Yes
Pool features
InGround
Spa
No
Parcel
8511009003

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$6,875.00
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #P1-28460 · California Regional MLS

Listing brokerage: Hatlen Properties
Listing agent: Peggy Bray

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.