515 Fairview Avenue, Arcadia, CA — listing photo 1
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FOR SALE

515 Fairview Avenue

Arcadia, CA 91007
44,896 Lot Sq Ft
Built 1963
$12,800,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1963
Lot size
1.03 acres
Parking
46 spaces
Garage
46 spaces
Stories
2
Days on market
57
MLS status
Active
Zoning
ARR3YY

Features & Amenities

Pool

  • None

Lot

  • Lot Over40000Sqft

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

515 Fairview Avenue

Arcadia, CA 91007

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Frequently Asked Questions About 515 Fairview Avenue

Property type: Residential Income

The current asking price is $12,800,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 515 Fairview Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1963. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Arcadia, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Arcadia property.
The MLS currently reports the property as Active. It has been listed for 57 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Henry Liu
MLS ID: A38917

Available property

$12,800,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.