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$29,980,000
Est. payment /mo
1.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26076095
Lot Size 1.883 Acres
Property Sub-Type Lots/Land
Property Description
This is a 96-unit high-end residential condominium project. An exceptional opportunity to acquire a fully designed mixed-use residential development site at 180 W. Huntington Drive in Arcadia, located within the highly desirable Seabiscuit Pacifica Specific Plan (SP-SP), a special zoning designation that allows for increased height and density beyond typical city standards. This 1.88-acre (82,003 SF) site has already gone through an extensive entitlement process with the City, with plans in place and permits expected to be ready-to-issue within 36 months, significantly reducing development timeline and risk. The approved project consists of a 9-story building plus roof deck totaling approximately 176,581 square feet, including 96 high-end residential condominium units (145,963 SF), 20,018 SF of residential lobby and amenities, 11,344 SF of ground-floor retail, and a 3,960 SF spa component. The project is designed to maximize the sites zoning potential, delivering a high-density mixed-use development in a supply-constrained Arcadia market, and also presents strong potential for senior living or age-targeted housing given its central, amenity-rich location. Strategically positioned along Huntington Drive, the property benefits from direct proximity and shared access with the Le Mridien luxury hotel, featuring a grand entry and fountain, and is surrounded by key lifestyle drivers including a nearby hospital, Westfield Santa Anita Mall, Santa Anita Park, and adjacent green space. This offering presents a rare opportunity for a developer to step into a near shovel-ready, institu
Location
State CA
County Los Angeles
Direction Lot next to La Meridian in Arcardia
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5775024024
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Listed by Matthew Modica, DRE#02159930 Long Dragon Realty Group, Inc.
Nearby Locations
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