515 Fairview Avenue
Arcadia, CA 91007
0
Bed
0
Bath
20,210Sqft
44,896Sqft(Lot)
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 de
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1963Building Area Total: 20210Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 44896 Lot Size Acres: 1.0307 Lot Size Source: Assessor Lot Size Square Feet: 44,896 Lot Description: Lot Over 40000 Sqft
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Listing Price Information
Listing Price: $12800000Cash, Cash to New Loan, 1031 Exchange
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Tax Information
Parcel Number: 5778004011 Tax Lot: 8
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Parking Information
Parking Total: 46Garage Information
Has Garage: Yes Garage Space: 46
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Utility Information
Electricity Connected -
Location Information
Direction: Cross Streets: Fairview ave & La Cadena ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 522 Santa Cruz, Arcadia, CA, 91007 | $1,399,000 | 3 | 2 | 1,392 | 1,392 SqFt |
| 613 Santa Cruz, Arcadia, CA, 91007 | $1,498,800 | 3 | 3 | 1,831 | 1,831 SqFt |
| 201 San Antonio Road, Arcadia, CA, 91007 | $1,499,000 | 3 | 2 | 1,812 | 1,812 SqFt |
| 21 W Camino Real, Arcadia, CA, 91007 | $1,575,000 | 5 | 3 | 1,696 | 1,696 SqFt |
| 43 W Naomi Avenue, Arcadia, CA, 91007 | $2,590,000 | 4 | 5 | 3,354 | 3,354 SqFt |
| 38 W Pamela, Arcadia, CA, 91007 | $1,500,000 | 3 | 2 | 1,756 | 1,756 SqFt |
| 273 Oakhurst Lane, Arcadia, CA, 91007 | $1,750,000 | 5 | 3 | 2,603 | 2,603 SqFt |
| 63 W Camino Real Avenue, Arcadia, CA, 91007 | $3,890,000 | 4 | 5 | 5,415 | 5,415 SqFt |
| 384 Colorado Street, Arcadia, CA, 91007 | $1,448,000 | 3 | 2 | 1,759 | 1,759 SqFt |
| 171 W Naomi, Arcadia, CA, 91007 | $1,499,000 | 3 | 2 | 2,059 | 2,059 SqFt |
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ByOwner last updated this listing 08/31/2026 @ 01:10
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