515 Fairview Avenue, Arcadia, California 91007
- $12,800,000
- $12,800,000
Overview
- Apartment, Residential Income
- 46.0
- 20210 Sqft
- 1963
Description
Rare development opportunity in the heart of Arcadia’s core commercial district, within the acclaimed Arcadia school district. The property sits on approximately 44, 900 sq. ft. and consists of 2 buildings with 22 apartment units, fully occupied year-round — one of the most sought-after investment offerings in Southern California.The key upside is development potential: up to 40 dwelling units per acre (40 DU/AC), a rare opportunity for investors and developers. Buyers should independently verify specific development conditions with the City of Arcadia. Surrounded by a golf course, the L.A. County Arboretum, Santa Anita Park, a USC-affiliated hospital, major shopping centers, dining, schools, and major transportation corridors. Excellent location, strong demographics, and rare value-add development potential.
Address
Open on Google Maps-
Address: 515 Fairview Avenue
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City: Arcadia
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State/county: CA
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Zip/Postal Code: 91007
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Country: US
Details
Updated on July 8, 2026 at 8:47 pm-
Property ID AR26148733
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Price $12,800,000
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Property Size 20210 Sqft
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Land Area 1.0307 Acres
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Garages 46.0
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Year Built 1963
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange
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Utilities Electricity Connected
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Sewer Public Sewer
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Flooring Carpet, Wood
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Suburban
Mortgage Calculator
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Down Payment
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