515 Fairview Avenue

About This Property

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.

Neighborhood

This property is located in Arcadia. Want to learn more about the area?

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Listing courtesy of CBD Investment Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$12,800,000

Est. Monthly Payment

$81,790/mo

20% down · 6.5% rate · 30yr

Run the Numbers

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Listing Agent

Henry Liu

CBD Investment Inc.