A very rare and unique opportunity to purchase this nearly 1/4 acre property along with the lot directly behind it at 1505 S. 4th Avenue and either keep the lots separate OR combine them into one lot (already zoned for this by the City of Arcadia). If kept separate and a new home is constructed the maximum square footage allowed is as follows: Floor area up to 4,434 square feet and lot coverage up to 3,448 square feet. There is an easement granting access on the south side of the property to the home at 1505 S. 4th Avenue that will remain in place if the lots are sold separately. In addition there is a long term month to month tenant in place giving the option to use as an income producing property. Owner May Carry a Loan if needed.