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.

Property details

Year built

1963

Property type

Residential Income

Lot size

44,896 sqft

Location

515 Fairview Avenue • Arcadia, CA 91007

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Listed by

Henry Liu · CBD Investment Inc.

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596 W Huntington Drive A: Sold $918,000 · 3 bd · 3 ba · 1,382 sqft · Jul 2026 · 0.1 mi
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447 Fairview 11: Sold $965,000 · 3 bd · 3 ba · 1,838 sqft · Jun 2026 · 0.1 mi
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