Arcadia, CA 91007,514 - 518 Fairview AVE
Arcadia, CA 91007,514 - 518 Fairview AVE
Arcadia, CA 91007,514 - 518 Fairview AVE
Arcadia, CA 91007,514 - 518 Fairview AVE
Arcadia, CA 91007,514 - 518 Fairview AVE
See all 5 photos

$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.

Est. payment /mo

1 Sqft Lot


SOLD DATE : 08/28/2025

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 Sqft

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 Info

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


CRMLS – RECore
Listed by Sevak Amranyan 7 Capital, Inc.
Bought with Ming Chan Fairview Realty & Management

GET MORE INFORMATION

Joel Silverthorn
Joel Silverthorn

Agent | License ID: 01958131

+1(619) 244-5086

1420 Kettner Blvd # 100, Diego, Ca, 92101

Name
Phone*
Message