400 E Live Oak Ave 37,256 SF Office Building Arcadia, CA 91006 $11,000,000 ($295.25/SF)

Otherwise known as the “City of Homes”, Arcadia is recognized as one of Southern California's most desirable communities for families, offering an exceptional quality of life, safe neighborhoods, and outstanding public services. The community employs its own police and fire departments and provides and abundance of parks, recreational facilities, youth programs, and community events that foster a family-oriented lifestyle. Arcadia also offers convenient access to major freeways, regional employment centers, shopping, dining, and attractions such as the Los Angeles County Arboretum and Santa Anita, while maintaining a welcoming suburban character that continues to attract families seeking a vibrant, stable, and well-connected community. Specific to the Subject Property, the Mixed Use (MU) zone is intended to provide opportunities for commercial and residential mixed-use development that takes advantage of easy access to transit and proximity to employment centers, and encourages pedestrian activity. A wide range of integrated commercial and residential uses are appropriate. Residential uses are permitted above ground floor commercial or adjacent to a commercial development, or as standalone projects if affordable housing units are provided. This zone implements the General Plan Mixed Use designation. Subject to existing development standards, mixed use (residential above ground floor commercial), senior housing, assisted living and affordable housing are permitted uses.