514 - 518 Fairview AVE, Arcadia, CA 91007
$10,500,000
$12,698,000
17.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1.33 Acres Lot

514 - 518 Fairview AVE Arcadia, CA 91007

Est. payment /mo
SOLD DATE : 08/28/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $10,500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25534971

Sold Date 08/28/25

HOA Y/N No

Lot Size 1.328 Acres

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.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR3YY

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5778005012

Special Listing Condition Standard

Read Less


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sevak Amranyan 7 Capital, Inc. #01974451
Bought with Ming Chan Fairview Realty & Management
Jessica Lam

Whether it's finding the perfect place to call home,

 

Selling the home that no longer fits your needs,

 

Or strategically investing to build a secure future.

 

I'm here to help you make the right move at the right time.

Let's talk about your real estate goals.

Name*
Phone
Message

Jessica Lam has a zero spam policy.
She does not use auto-dialed calls or artificial/pre-recorded voice messages.
Jessica Lam will send automatic texts only when requested.