601 Cornell Dr
Arcadia, CA 91007
- Studio
- 6,944 sqft (on 0.49 acres)
Studio
6,944 sqft
(on 0.49 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1953
Lot Size
0.49 acres
Living Area
6,944 sqft
Price/Sqft
$437
Parking
Attached Garage
About this House
Comprised of two single-story buildings built in 1953 on 21,514 square foot R3 lot, 601-605 Cornell Drive is a 12-unit multifamily property with a total building size of 6,944 square feet. 601-605 Cornell Drive boasts a unit mix of all one-bedroom/one-bathroom units. Each unit is equipped with its own water heater, wall units for heating and cooling, and dual entrances. With current rents conservatively 55% below market, and further upside following complete unit renovations, a new owner will be able to immediately create value with this unique asset. An investor should also explore development opportunities as the zoning allows for up to one unit per 1,089 SF of lot size before any density bonuses (buyer must verify). The property is subject to AB 1482, but there are no other local rent control restrictions.
601 Cornell Dr, Arcadia, CA 91007 is a studio, 6,944 sqft multi-family built in 1953. It last sold for $3,100,000 on Mar 21, 2025 (3% above the $3,000,000 asking price). It is currently off market. The Trulia Estimate is $3,034,600, with a rent estimate of $3,146/month.
Contact this Building
Home Details for 601 Cornell Dr
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Dimensions and Layout Living Area: 6944 Square Feet |
Appliances & Utilities Appliances: Range/Oven |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall |
Fireplace & Spa Fireplace: NoneSpa: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane Windows |
Levels, Entrance, & Accessibility Stories: 1Levels: OneEntry Location: Ground Level w/steps |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportHas a GarageHas an Attached GarageParking Spaces: 9Parking: Garage - 4+ Car,Garage - 1 Car,Attached |
Pool Pool: None |
Frontage Waterfront: NoneNot on Waterfront |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame, StuccoNo Additional Parcels |
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Price List Price: $3,000,000 |
Status Change & Dates Off Market Date: Mon Mar 10 2025 |
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MLS Status: Sold |
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Direction & Address City: Arcadia |
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Building Area Building Area: 6944 Square Feet |
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Lot Area: 0.49 acres |
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Special Conditions: Standard |
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Expense Tenant Pays: Gas, Electricity |
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Owner Pays: Grounds Care, Water |
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Mls Number: 25503039Listing Url |
Last check for updates: about 9 hours ago
Listed by Priscilla Nee DRE # 01435254, (323) 333-0909
CB Richard Ellis, Inc.
Bought with: Priscilla Nee DRE # 01435254, (310) 550-2508, CB Richard Ellis, Inc.
Source: CLAW, MLS#25503039

Price History for 601 Cornell Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/21/2025 | $3,100,000 | Sold | CLAW #25503039 |
| 03/11/2025 | $3,000,000 | Pending | CLAW #25503039 |
| 02/25/2025 | $3,000,000 | Listed For Sale | CLAW #25503039 |
Market trends in Arcadia
Last updated June 2026
Avg. sale price
$1.41M
$56.67KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$676
$6MoM
Available listings
182
11MoM
Comparable Sales for 601 Cornell Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.47 | Multi-Family Home | $1,940,000 | 02/19/26 | 8 | 5 | 4,857 | |
0.83 | Multi-Family Home | $2,050,000 | 03/24/26 | 8 | 7 | 5,203 | |
1.44 | Multi-Family Home | $2,475,000 | 12/08/25 | 18 | 12 | 6,626 | |
0.23 | Multi-Family Home | $560,000 | 05/15/26 | 3 | 1 | 850 | |
1.39 | Multi-Family Home | $2,250,000 | 06/26/26 | 11 | 9 | 6,090 | |
0.85 | Multi-Family Home | $1,067,000 | 02/04/26 | 4 | 2 | 2,284 | |
0.93 | Multi-Family Home | $950,000 | 02/27/26 | 4 | 2 | 1,568 | |
1.26 | Multi-Family Home | $1,550,000 | 12/24/25 | 5 | 4 | 2,850 | |
1.85 | Multi-Family Home | $2,270,000 | 01/14/26 | 10 | 10 | 6,340 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 601 Cornell Dr.
What Locals Say about Arcadia
At least 445 Trulia users voted on each feature.
89 % Say it's dog friendly
76 % Say car is needed
74 % Say parking is easy
74 % Say there are sidewalks
68 % Say yards are well-kept
65 % Say people would walk alone at night
63 % Say it's walkable to restaurants
63 % Say it's quiet
62 % Say there's holiday spirit
60 % Say it's walkable to grocery stores
60 % Say they plan to stay for at least 5 years
57 % Say streets are well-lit
55 % Say there's wildlife
47 % Say kids play outside
43 % Say neighbors are friendly
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 601 Cornell Dr
Off Market Homes Near 601 Cornell Dr
Frequently asked questions about 601 Cornell Dr
- What is 601 Cornell Dr estimated to be worth?Trulia's estimated value for 601 Cornell Dr in Arcadia, CA is $3,034,600.
- What is the price history for 601 Cornell Dr?601 Cornell Dr in Arcadia, CA last sold for $3,100,000 in March 2025.
- Is Arcadia a buyer's or seller's market?Arcadia is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Arcadia?The median sale price in Arcadia is $1.41M. That is up $56.67K from the prior month.
- Does 601 Cornell Dr have air conditioning?Yes, 601 Cornell Dr in Arcadia, CA has air conditioning.

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-08-10 00:22:36 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.

