$12,800,000
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.
Listed by Henry Liu with CBD Investment Inc. (626) 566-2221
Property Type
Apartment
Status
Active
MLS Number
AR26148733
Year Built
1963
Lot Size
1.03 acres
Click to interact with map
723 S Stoneman, Alhambra
Listed by HE GEORGE GAO with RE/MAX ELITE REALTY
10012 Valley, El Monte
Listed by Mike Marcu with Mike Marcu, Broker
1817 2nd St, Duarte
Listed by Tyler Leeson with Marcus & Millichap RE Invest
5029 Santa Ana, Cudahy
Listed by Matthew Wenzel with Marcus & Millichap
921 W Huntington Dr, Arcadia
Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc.
1836 Sichel 27, Los Angeles
Listed by Wenjia Li with Pinnacle Real Estate Group
420 W Windsor, Glendale
Listed by Levon Alexanian with Keller Williams World Media Center
7739 Bradwell Ave, Whittier
Listed by Tyler Leeson with Marcus & Millichap RE Invest
