Luxury 15-Unit Apartment
628 Fairview Ave Arcadia, CA 91007
628 Fairview Ave, Arcadia, CA, 91007
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For Sale
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Pending
15-unit luxury apartment building with central A/C, individually metered utilities, and 28 parking spaces on a large lot.
Days on Market102
Property Features for 628 Fairview Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Growth Investment Group
(626) 224-2495
Listed by
Handoko Chen · License #01749321
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 5:42PM Checked: Jul 20 at 5:42PM
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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
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FAQs
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
