Multifamily Development
515 Fairview AVE Arcadia, CA 91007
515 Fairview AVE, Arcadia, CA, 91007
$12,800,000
For Sale
$12,800,000
Two buildings with 22 apartment units are fully occupied year-round, with stated development potential pending city verification.
Lot Size1.03 Acres
Days on Market8
Property Features for 515 Fairview AVE
General Information
- Standard status
- Active
- Lot size
- 1.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
CBD Investment Inc
(626) 566-2221
Listed by
Henry Liu · License #013782889
Source
Santacruz
Added: Jul 14 Updated: Jul 21 at 4:55AM Checked: Jul 21 at 4:55AM
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 CBD Investment Inc
Investment Insights
Based on property information with market context.
The property consists of two buildings totaling 22 apartment units, which are fully occupied year-round. The offering is presented as a development opportunity, with development potential stated as up to 40 dwelling units per acre (40 DU/AC). Buyers are advised to independently verify specific development conditions with the City of Arcadia.
The site is located in the heart of Arcadia’s core commercial district and is within the Arcadia school district. The property is described as being 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.
The site is located in the heart of Arcadia’s core commercial district and is within the Arcadia school district. The property is described as being 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.
Key Highlights
- 1963‑built, 2‑building multifamily property with 22 apartment units
- All 22 apartment units are fully occupied year‑round
- Property size is approximately 44,900 sq. ft.
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FAQs
What type of property is this?
Apartment building - Two buildings with 22 apartment units are fully occupied year-round, with stated development potential pending city verification.
Where is this apartment building located?
The property is located at 515 Fairview AVE Arcadia, CA.
What is the asking price?
The asking price for this property is $12,800,000.
What are key features of this property?
This property features: 1963‑built, 2‑building multifamily property with 22 apartment units; All 22 apartment units are fully occupied year‑round; Property size is approximately 44,900 sq. ft.
