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Listed by: Henry Liu (626) 688-2208 DRE #01378289 | CBD Investment Inc. (626) 566-2221
$12,800,000
5 Beds
- -- Bath
20,210sqft
515 Fairview Ave, Arcadia, CA 91007
$12,800,000
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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 cen...
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
52
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