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20,210 sqft

$12,800,000

515 Fairview Avenue, Arcadia CA, 91007

Price per sqft$633.35
Built in1963
Property size20,210 sqft
Property typeCondominium

Overview

Active

Listed Jul 8, 2026

Updated Sep 4

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.

$85,159/mo

Est. mortgage payment based on a $12,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26148733

Interior Features

Basement
No

Exterior Features

Lot Size
1.03 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Also listed on CLAW

Listed by Henry Liu, CBD Investment Inc., CA DRE 01378289

Listing Contact: 626-688-2208 

Based on information from the CRISNet MLS as of 9/4/2026, 4:33 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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