How to Make It
Stir together masarepa, Asadero cheese, water, salt, and 1 tablespoon of the oil in a medium bowl with a wooden spoon until smooth. (Dough will look soupy at first, but will firm up after resting.) Cover and let stand 10 minutes.
Divide dough into 4 (4-ounce) pieces, and roll each piece into a ball. Gently flatten each into a 1/2-inch- thick disk (about 3 1/2 inches wide).
Heat remaining 2 tablespoons oil in a large cast-iron skillet over medium. Cook dough disks until golden brown and charred in spots, about 4 minutes per side. Cool 10 minutes.
Using a lightly greased serrated knife, cut arepas in half parallel to work surface. Fill arepas evenly with refried beans, queso fresco, avocado, bacon, eggs, and pico de gallo.