Arcadia, CA

$12,800,000

515 Fairview Avenue, Arcadia, CA

1963

Built

Days listed

About this home

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.

Facts & features

Interior

Flooring: Carpet, Wood
Laundry: Common Area

Exterior & lot

Lot size: 1.031 acres (44,896 sq ft)
Pool: None
Year built: 1963
Parking spaces: 46

Community

Area: 605 - Arcadia
County: Los Angeles
Community features: Suburban

Listing details

Status: Active
Property type: Apartment
Days on market: 0
Listed: 2026-07-08
Terms: Cash, Cash To New Loan, Exchange 1031
Parcel #: 5778004011
MLS #: AR26148733

Listed by

Henry Liu · CBD Investment Inc.

626-566-2221 henryarcadia@gmail.comDRE #01378289

Location

Price history

Listed: $12,800,000 · 2026-07-08
Days on market: 0
Current price: $12,800,000

Financing

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Estimated monthly payment

$80,297

$64,724 principal & interest · $15,573 taxes & insurance

Down payment (20%)

$2,560,000

Est. rate (%)

Estimate only

Term (years)

Loan $10,240,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of CBD Investment Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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 listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.