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Closed
- Listed price
- $10,900,000
- Listed Jan 7, 2016
- Sold price
- $7,625,000
- Sold May 19, 2016
44,896 sqft lot|1963 Built|62 MLS days on market
515 Fairview Ave, Arcadia, CA 91007
Property Description
Submit best offer. Seller motivated for cash out clean deal. Best AAA Location in Arcadia on Fairview. Huge R-3 lot per assessor 44,896 with huge frontage on Fairview. Currently 22 spacious units made up of 2 & 3 Bedrooms townhouses and flats. Rents "Substantially" below market. Longtime owners with very low rents. Lots of extra parking. Arcadia Schools. Low maintenance building on park like grounds.
Listing agent: Michael GourdikianDRE #01015826gourdikian@aol.com, Listing office: Pacific West Realty Inv.
MLS data updated 10/22/2026, 10:22:16 PM PT
Source: CRMLSMLS #: AR16003714
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$7,625,000
May 19, 2016
Available records22016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91007 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91007 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.