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$10,500,000
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Property Description
**2 Lots | APN: 5778-005-012, 5778-005-013 | 1.33-ACRES** IREA and 7 Capital Real Estate are proud to exclusively present, for the first time in 67 years, the generational opportunity to acquire a 1.33-acre lot located in the highly sought-after city of Arcadia, offering an unparalleled development opportunity with its unique street-to-street configuration. Spanning from Fairview Avenue to Arcadia Avenue, the property provides convenient ingress and egress from both streets, ensuring optimal access and flow for future residents. Zoned for high-density residential use, this lot allows for the development of up to 53 condominium units by right, making it an ideal site for a high-end condominium project. With its central location in Arcadia "The Jewel Among Southern California Communities", renowned for its top-tier schools (recognized as the #1 Best School District in Los Angeles), prime shopping districts such as the Westfield Santa Anita Mall, and proximity to major transportation routes, this lot is primed for a luxury residential development that would attract discerning buyers seeking the best in Southern California living. Within a 3-mile radius of the property there is a population of 185,553, the average household income is $136,501 and the average home value is $1,470,000.
Full Property Details
Full Property Details for 514 Fairview Ave
General
- Sold For: $10,500,000
- Status: Closed
- Type: Lots/Land
- Source: CLAW
- MLS ID: 25534971
- Added to Site: 290 day(s) ago
Location
- Area: Arcadia
- County: Los Angeles
- Driving Directions: S of Fairview, N of Arcadia Ave
Lot Features
- Lot Size (Acres): 1.33
- Lot Size: 57838
- Lot Size Source: Assessor
- Zoning: ARR3YY
- Lot Description: 2-4 Lots
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5778-005-012
Listed by 7 Capital, Inc., Sevak Amranyan
Sold by Fairview Realty & Management, Ming Chan
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Schools
Schools serving 514 Fairview Ave
School District:Arcadia Unified School District
| Name | Grades | Distance |
|---|---|---|
Holly Avenue Elementary School 360 West Duarte Road, Arcadia, CA 91007 | K-5 | 0.4 mi |
First Avenue Middle School 301 South 1st Avenue, Arcadia, CA 91006 | 6-8 | 1.3 mi |
Arcadia High School 180 Campus Drive, Arcadia, CA 91007 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 Fairview Ave
Date
Details
Price
Change
Source
8/28/2025
Sold
$10,500,000
-17.31%
MLS
5/06/2025
Listed
$12,698,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 Fairview Ave, Arcadia, CA 91007 (MLS# 25534971) is a Lots/Land property that was sold at $10,500,000 on August 28, 2025. Want to learn more about 514 Fairview Ave? Do you have questions about finding other Lots/Land real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

