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515 Fairveiw Ave
Arcadia, CA 91007

$12,800,000 USD

Land For Sale  •  1.03 AC

Property Details

  • Property Type Land
  • Lot Size 1.03 AC
  • Zoning R-3
0 Transit Score
81 Walk Score

Description

Discover an exceptional opportunity at 515 Fairview Ave in Arcadia, CA. This 22-unit apartment complex, located in the highly sought-after Arcadia School District, offers incredible potential for investors and developers alike. Situated in the prestigious 91007 zip code, this property provides residents with convenient access to a variety of local amenities, making it an attractive location for tenants.

The current configuration includes 20 spacious two-bedroom, 1.5-bath units, and two three-bedroom, 1.5-bath units. Each apartment features a blend of wood flooring and carpeting, fully equipped kitchens, generous storage, and private two-car parking for every unit. The layout is thoughtfully designed, with both bedrooms located on the second floor, ensuring privacy and comfort.

What sets this property apart is its redevelopment potential. Zoned for ± 30 townhomes, 515 Fairview Ave offers a rare opportunity for expansion in one of Arcadia's most desirable neighborhoods.

Residents will enjoy proximity to public transportation, popular dining spots, shopping centers, local parks, and the vibrant Arcadia Mall. With a location that combines convenience and growth potential, this is the perfect investment for anyone looking to maximize returns in a thriving community.

Highlights

Prime Arcadia Location: Located in the coveted Arcadia School District.
22 Spacious Units: Includes 20 two-bedroom and 2 three-bedroom units.
Redevelopment Opportunity: Zoned for up to 30 townhomes.
Private Parking: Each unit comes with two-car parking.
Close to Amenities: Near transportation, restaurants, and Arcadia Mall.
High ROI Potential: Ideal for maximizing returns in a growing area.

Public Transportation

Commuter RailDriveWalkDistance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.9 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 8.8 mi
AirportDriveWalkDistance
Bob Hope 32 min - 23.5 mi
Long Beach (Daugherty Field) 44 min - 30.8 mi
Los Angeles International 49 min - 31.6 mi
Henry Liu 626-688-2268 CBD Investment, Inc.
Henry Liu 626-688-2268 CBD Investment, Inc.