515 Fairview Avenue Arcadia, CA ^$ 12,800,000

515 Fairview Avenue

^$ 12,800,000

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Recently Listed

515 Fairview Avenue

Arcadia, CA, 91007

^$ 12,800,000

Studio Baths0.0 Sq 20,210

Monthly Estimate*

^$ 80,821

Listed by CBD Investment Inc.

515 Fairview Avenue, Arcadia, CA 91007 - Image 1

515 Fairview Avenue, Arcadia, CA 91007 - Image 2

515 Fairview Avenue, Arcadia, CA 91007 - Image 3

515 Fairview Avenue, Arcadia, CA 91007 - Image 4

515 Fairview Avenue, Arcadia, CA 91007 - Image 5

515 Fairview Avenue, Arcadia, CA 91007 - Image 6

Studio

Multi-Family Home for sale in Arcadia, CA

for $12,800,000. This 20,210 square foot home was built in 1963 on a lot size of 1.0307.

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.

Multi-Family Active

Price

^$ 12,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

1.0307

Year Built

1963

Town/City

Arcadia

County/Region

Los Angeles

MLS | Web ID

AR26148733

Days on Market

Features

General

Sewer Public Sewer

Utilities Electricity Connected

Zoning ARR3YY

Garage Spaces 46

Pool Features None

Year Built 1963

Tenant Pays Electricity

Property Subtype Apartment

Gross Income 480000

Community Features Suburban

County Los Angeles

Net Operating Income 423200

Operating Expense 56800

Insurance Expense 3000

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Cross Streets: Fairview ave & La Cadena ave

City Arcadia

Entry Location 1

Senior Community Y/N false

Number Of Units Total 22

MLS Area 605 - Arcadia

Lot Size Units Square Feet

Lot Size Square Feet 44896

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 1200

Fuel Expense 0

Trash Expense 8000

Water Sewer Expense 8400

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Appraiser

Tax Lot 8

Property Sub Type Additional Apartment

Taxes 0

Interior

Flooring Carpet Wood

Total Stories 2

Common Walls No Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Lot Over 40000 Sqft

Water Source Public

Total Parking 46

Lot Size Area 44896

Number of Buildings 1

Building Area Total 20210

Lot Size Acres 1.0307

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 0

Number of Separate Electric Meters 23

* Excluded Features

List By

Cbd Investment Inc.

Broker

henryarcadia@gmail.com

Affordability Calculator

$80,821

Per Month

Monthly Principal & Interest: $80,821
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Arcadia, CA

Average List Price ^$3,880,471

Percent of Sale Price 70%

About Arcadia, CA

57,588 Population

8% Since 2002

^$88,954 Median Income

44.82 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/8/2026	$12,800,000		Listed Price

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515 Fairview Avenue, Arcadia, CA, 91007 is a Multi-Family Home for sale at $12,800,000 with 20,210 sqft and a lot size of 1.0307. 515 Fairview Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 91007 which is in Arcadia, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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515 Fairview Avenue

Multi-Family Home for sale in Arcadia, CA

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