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CA > Los Angeles
Los Angeles, CA 90019,1524 S Fairfax AVE
Los Angeles, CA 90019,1524 S Fairfax AVE
Los Angeles, CA 90019,1524 S Fairfax AVE
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HomeSmart Realty West

HomeSmart Realty West

+1(760) 607-5900
$1,900,000
Est. payment /mo
3 Beds
2 Baths
1,479 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,479 sqft

Price per Sqft $1,284

MLS Listing ID 25541897

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1925

Lot Size 6,886 Sqft

Property Sub-Type Single Family Residence

Property Description

DEVELOPMENT DEAL. Prime Development Opportunity R3 Lot with Partial RTIAn exceptional opportunity for developers and investors! This R3-zoned lot comes with a partially RTI (Ready-To-Issue) permit, having already passed Planning and currently awaiting approval from the Building and Safety Department. The proposed project is sited for a 20-unit build, consisting of 16 primary units plus 4 ADUs on the ground floor, maximizing the lot's development potential.Located in a high-demand area with strong rental upside, this property is ideal for those looking to capitalize on Los Angeles's growing need for multi-family housing. With much of the entitlement process already completed, this is a rare chance to step into a nearly shovel-ready development with significant upside.Don't miss this outstanding investment opportunity to build a high-yield asset in a desirable neighborhood. The home currently is a Single Family. Floors have been redone, home has been painted inside and out, new Kitchen, new bathrooms, has never been lived in. Large lot of almost 7k sq feet with a newly constructed backyard. This beautiful home is move in ready. Location is ideal, min from Beverly Grove and a few blocks from Freeway. Easy to show and could be leased furnished as well. Already cash flowing at $4,800/ month with tenant in place month to month

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Interior Features Separate/Formal Dining Room

Heating Floor Furnace

Cooling None

Flooring Wood

Fireplaces Type Den

Furnishings Unfurnished

Fireplace Yes

Appliance Gas Cooktop, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Laundry In Kitchen

Exterior

Parking Features None

Garage Spaces 2.0

Garage Description 2.0

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Faces West

Story 1

Entry Level One

Architectural Style Craftsman

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5068023020

Security Features Security Gate

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doron Baruch • Christie's International Real Estate SoCal

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agent

HomeSmart Realty West

+1(760) 607-5900

Broker | License ID: DRE#1905908

Broker License ID: DRE#1905908

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