515 Fairview AVE, Arcadia, CA 91007
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515 Fairview AVE, Arcadia, CA 91007
515 Fairview AVE, Arcadia, CA 91007
515 Fairview AVE, Arcadia, CA 91007
515 Fairview AVE, Arcadia, CA 91007
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515 Fairview AVE Arcadia, CA 91007

1.03 Acres Lot


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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26148733

HOA Y/N No

Year Built 1963

Lot Size 1.031 Acres

Property Sub-Type Apartment

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

Area 605 - Arcadia

Zoning ARR3YY

Interior

Flooring Carpet, Wood

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 46.0

Garage Description 46.0

Pool None

Community Features Suburban

Utilities Available Electricity Connected

Total Parking Spaces 46

Private Pool No

Building

Lot Description Lot Over 40000 Sqft

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5778004011

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Henry Liu CBD Investment Inc. 626-688-2208, DRE #01378289

Nearby Locations

Anna Taylor

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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515 Fairview AVE