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ResidentialIncome — 515 Fairview Avenue, Arcadia, CA

$12,800,000

515 Fairview Avenue, Arcadia, CA

$12,800,000 — 515 Fairview Avenue, Arcadia, CA — photo 1 $12,800,000 — 515 Fairview Avenue, Arcadia, CA — photo 2 $12,800,000 — 515 Fairview Avenue, Arcadia, CA — photo 3 $12,800,000 — 515 Fairview Avenue, Arcadia, CA — photo 4 $12,800,000 — 515 Fairview Avenue, Arcadia, CA — photo 5
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About this property

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
ResidentialIncome

Location

515 Fairview Avenue • Arcadia, CA 91007

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Listed by

Henry Liu · CBD Investment Inc.

Listing courtesy of CBD Investment Inc.. Information deemed reliable but not guaranteed.

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