515 Fairview Avenue, Arcadia, California 91007
$12,800,000
- Property Type
- Residential Income
- Building Size
- 20,210 sqft
- City
- Arcadia
- Status
- Active
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.
About
Listed by Henry Liu with CBD Investment Inc.
Quick Facts
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
AR26148733
Year Built
1963
Building Size
20,210 sq ft
Units
22
Lot Size
1.03 acres
Location
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Details
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