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48 Beds
44 Baths
20,210 sqft

$12,800,000

515 Fairview AVE, ARCADIA CA, 91007

Price per sqft$633.35
Built in1963
Property size20,210 sqft
Property typeMulti-family

Overview

Active

Listed Jul 8, 2026

Updated 22h ago

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
AR26148733MR

Interior Features

Bedrooms
48
Bathrooms
44
Basement
No

Exterior Features

Lot Size
1.03 Acres

Other Property Details

Garage
Yes

Also listed on CRMLS

Listed by Henry Liu with CBD Investment Inc.
Listing Contact: 626-688-2208 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Mardelli, Christian Alexander | CA DRE #01834969 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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