514-518 Fairview Ave

57,838 / 1.33
Lot Size / Acres

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...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.
  1. Listed by Sevak Amranyan • DRE #01974451 • Brokerage DRE #01974451 • 7 Capital, Inc.

Property Details for 514-518 Fairview Avenue

Zoning
ARR3YY
Parcel Number
5778005012
Area
Arcadia (605)
Lot Size Area
57838
Source Lot Size Area
Assessor
Assessor Parcel Number
5778-005-012
Directions
S of Fairview, N of Arcadia Ave
LISTING UPDATED: 09/17/2025 04:26 PM

Property Details for 514-518 Fairview Avenue

StatusSold
MLS #25534971
Days on Market114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size1.33 AC
CountyLos Angeles County

Location

Listing Courtesy of 7 Capital, Inc., Sevak Amranyan, DRE #01974451

Sold By Fairview Realty & Management, Ming Chan, DRE #00691475

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Building Information for 514-518 Fairview Avenue

Lot Size1.33 AC

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$51,175 per month

30 year fixed, 6.15% Interest

Principal and Interest

$51,175

Property Taxes

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HOA Dues

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Property Information for 514-518 Fairview Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 1.33
  • Lot Size Square Feet: 57838
  • Lot Description: 2-4 Lots
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-06-2025

Property History for 514-518 Fairview Avenue

DateEvent & SourcePriceAppreciation
Sep 17, 2025

Sold

CLAW #25534971

$10,500,000
Sep 17, 2025

Listed (Active)

CLAW #25534971

$12,698,000
Sep 11, 2025

Expired

CLAW #25534971

$12,698,000
Sep 11, 2025

Withdrawn / Cancelled

CLAW #25534971

$12,698,000
Aug 28, 2025

Sold

CLAW #25534971

Aug 28, 2025

Pending

CLAW #25534971

Aug 28, 2025

Sold

CRMLS #25534971

$10,500,000
May 6, 2025

Listed (Active)

CLAW #25534971

$12,698,000
May 6, 2025

Listed (Active)

CRMLS #25534971

$12,698,000
DateEvent & SourcePrice
09/17/2025

Sold

CLAW #25534971

$10,500,000
09/17/2025

Listed (Active)

CLAW #25534971

$12,698,000
09/11/2025

Expired

CLAW #25534971

$12,698,000
09/11/2025

Withdrawn / Cancelled

CLAW #25534971

$12,698,000
08/28/2025

Sold

CLAW #25534971

08/28/2025

Pending

CLAW #25534971

08/28/2025

Sold

CRMLS #25534971

$10,500,000
05/06/2025

Listed (Active)

CLAW #25534971

$12,698,000
05/06/2025

Listed (Active)

CRMLS #25534971

$12,698,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 514-518 Fairview Avenue

This home is within Arcadia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Holly Avenue Elementary School
PublicK to 5

First Avenue Middle School
Public6 to 8

Arcadia High School
Public9 to 12

Rancho Learning Center (Alternative)
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of 7 Capital, Inc., Sevak Amranyan, DRE #01974451

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.