515 Fairview Avenue, Arcadia, CA 91007

Arcadia
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
515 Fairview Avenue,Arcadia, CA 91007
$12,800,000
  • - Beds
  • - Baths
  • 20,210 sq. ft.
  • Multi-family
  • Active
Listed by: henry liu
Office: cbd investment inc.626-566-2221
MLS#:AR26148733
Source:CRMLS

Price summary

  • Price:$12,800,000
  • Price per sq. ft.:$633.35

About this home

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.

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Home facts

  • Year built:1963
  • Listing ID #:AR26148733
  • Added:2 day(s) ago
  • Updated:July 11, 2026 at 03:28 PM

Rooms and interior

  • Flooring:Carpet, Wood
  • Living area:20,210 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:20,210 sq. ft.
  • Lot area:1.03 Acres
  • Lot Features:Lot Over 40000 Sqft

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$12,800,000
  • Price per sq. ft.:$633.35

Parking

  • Total parking spaces:46
  • Garage:Yes
  • Garage spaces:46
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