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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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Flooring: Carpet,Wood
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Building Information
Year Built: 1963 Building Area Total: 20,210 -
Pool Features
NoneLaundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.0307 -
Lot Size Source: Assessor Lot Size Square Feet: 44896
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Listing Price Information
Original List Price: 12,800,000 Listing Contract Date: 2026-07-08 -
Lease Information
Listing Agreement: Exclusive Right With Exception
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Tax Information
Parcel Number: 5778004011
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity
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Other Property Info
Source Listing Status: Active Source Neighborhood: 605 - Arcadia Postal Code Plus 4: 6711 Directions: Cross Streets: Fairview ave & La Cadena ave Zoning: ARR3YY Source Property Type: Residential Income Area: 605 - Arcadia Property SubType: Apartment -
Building and Construction
Property Age: 63 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Appraiser Entry Level: 1 Entry Location: 1
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 613 Santa Cruz, Arcadia, CA, 91007 | $1,498,800 | 3 | 3 | 1,831 | 1,831 SqFt |
| 312 Santa Cruz, Arcadia, CA, 91007 | $3,099,000 | 4 | 5 | 4,108 | 4,108 SqFt |
| 508 Santa Maria Road, Arcadia, CA, 91007 | $1,480,000 | 4 | 2 | 2,396 | 2,396 SqFt |
| 43 W Naomi Avenue, Arcadia, CA, 91007 | $2,590,000 | 4 | 4 | 3,354 | 3,354 SqFt |
| 261 Oakhurst, Arcadia, CA, 91007 | $2,120,000 | 4 | 3 | 2,810 | 2,810 SqFt |
| 38 W Pamela, Arcadia, CA, 91007 | $1,780,000 | 3 | 2 | 1,756 | 1,756 SqFt |
| 273 Oakhurst Lane, Arcadia, CA, 91007 | $1,838,000 | 5 | 3 | 2,603 | 2,603 SqFt |
| 384 Colorado Street, Arcadia, CA, 91007 | $1,530,000 | 3 | 2 | 1,759 | 1,759 SqFt |
| 171 W Naomi, Arcadia, CA, 91007 | $1,499,000 | 3 | 2 | 2,059 | 2,059 SqFt |
| 200 W Pamela Road, Arcadia, CA, 91007 | $3,388,000 | 5 | 3 | 5,166 | 5,166 SqFt |
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ByOwner last updated this listing 07/13/2026 @ 19:52
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