Nestled at the base of the San Gabriel Mountains, Arcadia spans over 11 square miles just northeast of Downtown Los Angeles. An upper middle class community of over 56,000 residents, the city was named after Arcadia, Greece and is known for its beautiful neighborhoods, warm character, and family-friendly atmosphere. As one of Southern California’s oldest and most established suburbs, Arcadians take great pride in their sense of neighborhood and even refer to their city as a “Community of Homes.”
In 1875, Arcadia founder, Elias J. “Lucky” Baldwin, purchased 8,000 acres for $200,000 and made it home. Mesmerized by the beautiful lush landscape, Baldwin immediately started cultivating the land. After his death, his daughter sold off parcels of the ranch to the State and County, which is now the location of the 127-acre Los Angeles County Arboretum and Botanic Garden. A stunning utopia in the heart of the San Gabriel Valley, The Arboretum has also been featured in many films and television shows, and is especially recognized for the stunning peacocks that typically inhabit the grounds and surrounding neighborhood. Just across the street is Santa Anita Park, a thoroughbred racetrack that is home to a number of prestigious racing events including the Santa Anita Derby and Santa Anita Handicap. With its backdrop of the San Gabriel Mountains, it is considered one of the world’s most beautiful racetracks.
Arcadia home prices are not only among the most expensive in California, but Arcadia real estate also consistently ranks among the most expensive in America. In fact, Business Insider ranked Arcadia’s Upper Rancho neighborhood the 23rd richest neighborhood in Southern California in 2014 with a median household income of $310,779.
In 2010, Bloomberg Business named Arcadia as one of the “Best Places to Raise Your Kids” for the second year in a row. Reading scores for Arcadia Unifi ed School District are 76.6% higher than the state average and Arcadia High School is among the few public high schools to receive a distinguished GreatSchools Rating of 10 out of 10.
COLDWELL BANKER RESIDENTIAL BROKERAGE
ARCADIA | (626) 445-5500