515 Fairview AVE, Arcadia, CA 91007
- $12,800,000
Listed by Henry Liu, from CBD Investment Inc.
(If provided) CoList: from
- List Price
- $12,800,000
- MLS#
- CRAR26148733
- Status
- ACTIVE
- Lot Size
- 44,896
- Listing Area
- 605 - Arcadia
- Year Built
- 1963
Property 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.
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Additional Information
- Laundry Facilities
- Laundry Area
- Lot Size
- 44,896
- Neighborhood
- 605 - Arcadia
- Pool Description
- None
- Unincorporated Yn
- Yes
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