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Listed by: Henry Liu (626) 688-2208 DRE #01378289 | CBD Investment Inc. (626) 566-2221
$12,800,000
Monthly Est:$63,710
5 Beds
4 Baths
20,210sqft
515 Fairview Ave, Arcadia, CA 91007
$12,800,000
$63,710/moEst:
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Apartment
Built in 1963
$-- HOA
1.03 acres lot
$633/sq.ft
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.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 3, 2026 at 11:48 pm
- Source: California Regional MLS-CA | MLS#: AR26148733
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
20,210 sqft
Lot Size
1.03 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26148733
MLS Status
Active
Days on Market
101
Cumulative Days on Market
57
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Sewer
Public Sewer
Flooring
Carpet, Wood
Utilities & Energy
Laundry Features
Common Area
Utilities
Electricity Connected
Water Source
Public
Pool Features
None
Other Features
Lot Features
Lot Over40000sqft
Community Features
Suburban
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
07/08/2026 Source: | Listed for Sale | $12,800,000 +544580.85% $633/sqft |
10/18/2018 Source: | Price Decreased | $2,350 -99.97% $0/sqft |
05/19/2016 Source: | Sold | $7,625,000 $377/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 12:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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