NOT LISTED FOR SALE

514 - 518 Fairview Ave Arcadia, CA 91007

1.33 Acres
-- Price per Acre
57,935 Sq Ft Lot

Sale Details

Date Sold: August 28, 2025

Last sale price $10,500,000

About This Lot

As of August 2025

**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.

Last Agent to Sell the Property

Sevak Amranyan

7 Capital, Inc. License #01974451 Listed on: 09/17/2025

Last Buyer's Agent

Ming Chan

Fairview Realty & Management License #00691475

Property Details

Property Type

  • Land

Lot Details

  • 1.33 Acre Lot
  • Property is zoned ARR3YY

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5778-005-012

Property Details

Property Type

Land

Lot Details

1.33 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.3300
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5778-005-012
  • Lot Description: 2-4 Lots
  • Lot Size Area: 57838
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 For Sale $12,698,000 +20.9% --
09/11/2025 09/11/25 Off Market $10,500,000 -- --
08/28/2025 08/28/25 Sold $10,500,000 -17.3% --
05/06/2025 05/06/25 For Sale $12,698,000 -- --
Source: The MLS

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25534971

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.