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$12,800,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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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.

Full Property Details for 515 Fairview Ave

General

  • Price: $12,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR26148733
  • Updated: 7/8/2026
  • Days on Market: 3 days
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Carpet, Wood

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 46

Location

  • Area: 605 - Arcadia
  • County: Los Angeles
  • Development Name: 605 - Arcadia
  • Driving Directions: Cross Streets: Fairview ave & La Cadena ave

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Electric Meters: 23

Structural Information

  • Entry Location: 1
  • Square Feet: 20,210
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 20
  • Bedrooms: 2

Unit 2

  • Number of Units: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 1.0307
  • Lot Size (Sq. Ft.): 44,896
  • Lot Size Source: Assessor
  • Zoning: ARR3YY
  • Lot Description: Lot Over 40000 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $633.35
  • Price Per Unit: 581818

Listed by CBD Investment Inc., Henry Liu

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Listing agent

— 515 Fairview Ave —

  • Henry Liu

    CBD Investment Inc.

626-688-2208

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 515 Fairview Ave

School District:Arcadia Unified School District
NameGradesDistance
Holly Avenue Elementary School
360 West Duarte Road, Arcadia, CA 91007
K-50.4 mi
First Avenue Middle School
301 South 1st Avenue, Arcadia, CA 91006
6-81.3 mi
Arcadia High School
180 Campus Drive, Arcadia, CA 91007
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Fairview Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$12,800,000
45.79%
MLS
4/30/2018
Sold
$8,780,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 Fairview Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$119,395
9%
$9,990,138
4%
2023
$109,854
3%
$9,602,860
2%
2022
$106,208
2%
$9,414,582
2%
2021
$104,214
1%
$9,229,996
1%
2020
$102,898
1%
$9,135,361
2%
2019
$101,677
13%
$8,955,600
13%
2018
$89,914
—
$7,933,050
2%
2017
$89,900
679%
$7,777,500
1100%
2016
$11,546
2%
$648,227
2%
2015
$11,354
—
$638,491
2%
2014
$11,357
1%
$625,985
—
2013
$11,298
—
$623,157
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by CBD Investment Inc., Henry Liu

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515 Fairview Avenue, Arcadia, CA 91007 (MLS# AR26148733) is a Multi-Family property with 22 units containing 0 bedrooms and 0 full bathrooms. 515 Fairview Avenue is currently listed for $12,800,000 and was received on July 08, 2026. Want to learn more about 515 Fairview Avenue? Do you have questions about finding other Multi-Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

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