Luxury 15-Unit Apartment
For Sale
Contact for pricing
Pending
628 Fairview Ave, Arcadia, CA 91007
15-unit luxury apartment building with central A/C, individually metered utilities, and 28 parking spaces on a large lot.
Property SizeContact for details
Days on Market131
Property Features for 628 Fairview Ave
General Information
Standard status
Pending
Total Parking Spaces
28
Property subtype
Multifamily
Additional Details
Multifamily Units
15
Building Details
Year Built
1961
Tenancy
Multi
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 17 at 5:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
Investment Insights
Based on property information with market context.
The Empress is a 15-unit luxury apartment building built in 1961, featuring a mix of seven 3-bedroom units and eight 2-bedroom units. Many units have vaulted ceilings, floor-to-ceiling glass windows and sliding doors, and large patios. Central A/C and heating are provided for each unit, and each unit is individually metered for electricity and gas. Five units are townhouse style with two levels, a patio, and a balcony on the second level.
The property offers a swimming pool, fire pit area, shared laundry room, and secured entrance with secured parking. Parking totals 28 spaces, most of which are covered. The site is on a large lot that spans from Fairview Ave to Arcadia Ave. The building is located in Arcadia within the Arcadia Unified School District and is described as within walking distance to local amenities including Westfield Santa Anita Mall, Santa Anita Racetrack, Los Angeles Arboretum, Baldwin Avenue, and Duarte Road retail corridors.
Unit interiors include upgraded elements in some residences, and the overall property is described as extensively upgraded to current condition. Several units are noted as not fully upgraded, which may allow an investor to pursue additional value through interior completion.
The property offers a swimming pool, fire pit area, shared laundry room, and secured entrance with secured parking. Parking totals 28 spaces, most of which are covered. The site is on a large lot that spans from Fairview Ave to Arcadia Ave. The building is located in Arcadia within the Arcadia Unified School District and is described as within walking distance to local amenities including Westfield Santa Anita Mall, Santa Anita Racetrack, Los Angeles Arboretum, Baldwin Avenue, and Duarte Road retail corridors.
Unit interiors include upgraded elements in some residences, and the overall property is described as extensively upgraded to current condition. Several units are noted as not fully upgraded, which may allow an investor to pursue additional value through interior completion.
Key Highlights
- 15‑unit apartment building built in 1961 in Arcadia, CA, with a 7‑unit 3BD/2BA and 8‑unit 2BD/2BA unit mix
- Upgraded unit interiors include open‑concept layouts, new high‑end flooring, recessed LED lighting, upgraded kitchens with stainless steel appliances, and renovated baths
- Central A/C and heating for each unit; each unit is individually metered for electricity and gas
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,348
Businesses Nearby
Explore this area
Business Placement
Demographics for 91007, CA
33,804
Population
12,772
Households
2.6
Avg Household Size
44
Median Age
54%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
6,146
Density / Sq Mi
$101,762
Median Household Income
$60,991
Median Earnings
$2,129
Median Rent
$1,231,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 15-unit luxury apartment building with central A/C, individually metered utilities, and 28 parking spaces on a large lot.
Where is this apartment building located?
The property is located at 628 Fairview Ave Arcadia, CA.
What are key features of this property?
This property features: 15‑unit apartment building built in 1961 in Arcadia, CA, with a 7‑unit 3BD/2BA and 8‑unit 2BD/2BA unit mix; Upgraded unit interiors include open‑concept layouts, new high‑end flooring, recessed LED lighting, upgraded kitchens with stainless steel appliances, and renovated baths; Central A/C and heating for each unit; each unit is individually metered for electricity and gas
