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20,210 sqft

$12,800,000

515 Fairview Avenue, Arcadia CA, 91007

Price per sqft$633.35
Built in1963
Property size20,210 sqft
Property typeCondominium
Listed by Henry Liu CA DRE# 01378289 with CBD Investment Inc. 626-688-2208

Overview

Active

Listed Jul 8, 2026

Updated 2 weeks ago

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.

$85,159/mo

Est. mortgage payment based on a $12,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26148733

Interior Features

Basement
No

Exterior Features

Lot Size
1.03 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Henry Liu CA DRE# 01378289 with CBD Investment Inc. 626-688-2208

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/4/2026 at 7:33 AM UTC Last Checked: 7:33 AM UTC

 

 

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