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Entitled Townhome Development Land
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314 South 2nd Avenue, Arcadia, CA 91006

Shovel-ready, fully approved 16-unit gated townhome community with rooftop areas and ready-to-submit permits.

Property Size46,898 SF
Days on Market53

Property Features for 314 South 2nd Avenue

General Information

Standard status Active
Size 46,898 SF
Property subtype Land
Investment Type Redevelopment

Additional Details

Multifamily Units 16

Building Details

Units 16
Listing Agency: Coldwell Banker Commercial NRT Pasadena
Listed By: Robert Ip · License #CA
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Jul 16 at 11:21AM

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 Coldwell Banker Commercial NRT Pasadena

Investment Insights

Based on property information with market context.

This shovel-ready, entitled parcel is approved for a 16-unit gated townhome community in Arcadia, California, with municipal approvals already in place and ready for permit submission and immediate construction. The development is designed by PDS Studio, with interior finishes specified through Ilustracion by Jake, Corp., and includes townhome floorplans ranging from 2,302 to 3,276 square feet. Each unit is planned with a private rooftop area designed to provide panoramic views of the San Gabriel Mountains, and the gated configuration is intended to support enhanced security and privacy.

The site is described as a prime, walkable location near retail, dining, parks, and transit corridors. It also lies within the Arcadia Unified School District, noted in the remarks as being highly regarded by Niche.

For developers, this offering is positioned for a faster path from approvals to construction because the architectural and interior design packages are included with the sale, and entitlement risk is described as minimized. It may also be a practical fit for owner-occupiers and investors seeking a gated townhome product plan with private rooftop space and a family-oriented school district context, based on the information provided.

Key Highlights

  • Shovel‑ready, fully approved 16‑unit gated townhome community in the City of Arcadia, CA
  • Entitlements and municipal approvals are in place and ready for permit submission and immediate construction
  • Townhome floorplans range from 2,302 to 3,276 SF, with a private rooftop area in each unit

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Daycare Center Butcher Storage Facility Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

2,590
Businesses Nearby

Demographics for 91006, CA

31,949
Population
11,291
Households
2.8
Avg Household Size
44
Median Age
56%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
4,992
Density / Sq Mi
$127,511
Median Household Income
$58,188
Median Earnings
$2,141
Median Rent
$1,187,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready, fully approved 16-unit gated townhome community with rooftop areas and ready-to-submit permits.
Where is this residential land & home lot located?
The property is located at 314 South 2nd Avenue Arcadia, CA.
What are key features of this property?
This property features: Shovel‑ready, fully approved 16‑unit gated townhome community in the City of Arcadia, CA; Entitlements and municipal approvals are in place and ready for permit submission and immediate construction; Townhome floorplans range from 2,302 to 3,276 SF, with a private rooftop area in each unit
More about this property
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