I am curious whether there is a sense in which each of the EPR particles is in an eigenstate of some observable.
Consider a pair of EPR particles 1 and 2, of which combined state is given by
$|\Psi\rangle_{12} = \frac{1}{\sqrt{2}}(|A\rangle_{1}|A\rangle_{2}+|B\rangle_{1}|B\rangle_{2})$.
From this one gets a reduced density matrix $\frac{1}{2}(|A\rangle\langle A| + |B\rangle\langle B|)$, which supposedly represents the state of only one of the EPR particles.
But if this reduced density matrix really represents the 'state' of a single particle, despite it not being a vector, what is the observable of which this state is an eigenstate (or something analogous to an eigenstate)?
Since $(|A\rangle\langle A| + |B\rangle\langle B|) \frac{1}{2}(|A\rangle\langle A| + |B\rangle \langle B|) = \lambda(\frac{1}{2}(|A\rangle\langle A| + |B\rangle \langle B|))$ with $\lambda = 1$, does it make sense to take $(|A\rangle\langle A| + |B\rangle\langle B|) $ as an observable for which $\frac{1}{2}(|A\rangle\langle A| + |B\rangle \langle B|)$ serves as something analogous to an eigenstate? So that we can say that each EPR particle is still in an eigenstate of some observable?
Or should we say that each constituent of an EPR pair does not have any eigenstate in any extended sense?