515 Fairview Avenue, Arcadia, CA 91007
515 Fairview Avenue, Arcadia, CA 91007
515 Fairview Avenue, Arcadia, CA 91007
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$12,800,000
Est. payment /mo
5 Beds
1.03 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26148733

Bedrooms 5

Lot Size 1.031 Acres

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction Cross Streets: Fairview ave & La Cadena ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5778004011

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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MLS Router / San Diego MLS
Listed by Henry Liu, DRE#01378289 CBD Investment Inc. 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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