$29,980,000
This is a 96-unit high-end residential condominium project. An exceptional opportunity to acquire a fully designed mixed-use residential development site at 180 W. Huntington Drive in Arcadia, located within the highly desirable Seabiscuit Pacifica Specific Plan (SP-SP), a special zoning designation that allows for increased height and density beyond typical city standards. This ±1.88-acre (82,003 SF) site has already gone through an extensive entitlement process with the City, with plans in place and permits expected to be ready-to-issue within 3–6 months, significantly reducing development timeline and risk. The approved project consists of a 9-story building plus roof deck totaling approximately 176,581 square feet, including 96 high-end residential condominium units (±145,963 SF), 20,018 SF of residential lobby and amenities, 11,344 SF of ground-floor retail, and a 3,960 SF spa component. The project is designed to maximize the site’s zoning potential, delivering a high-density mixed-use development in a supply-constrained Arcadia market, and also presents strong potential for senior living or age-targeted housing given its central, amenity-rich location. Strategically positioned along Huntington Drive, the property benefits from direct proximity and shared access with the Le Méridien luxury hotel, featuring a grand entry and fountain, and is surrounded by key lifestyle drivers including a nearby hospital, Westfield Santa Anita Mall, Santa Anita Park, and adjacent green space. This offering presents a rare opportunity for a developer to step into a near shovel-ready, institutionally scaled project with significant entitlement work already completed in one of the San Gabriel Valley’s most sought-after locations. *****Phase III is also available at 150 W. Huntington Drive (APN: 5775-024-025), providing an additional opportunity to expand the overall development footprint. For more info visit www.onegallopway.com
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Listed by Matthew Modica with Long Dragon Realty Group, Inc. (626) 757-6611
Property Type
Land
Status
Active
MLS Number
AR26076095
Year Built
N/A
Lot Size
1.88 acres