Los Angeles, CA 90019,1524 S Fairfax Ave
Los Angeles, CA 90019,1524 S Fairfax Ave
Los Angeles, CA 90019,1524 S Fairfax Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
22
May
Fri
23
May
Sat
24
May
$1,900,000
Est. payment /mo
3 Beds
2 Baths
1,479 SqFt
Save

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

Style Craftsman

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1925

Lot Size 6,888 Sqft

Acres 0.1581

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 Mid Los Angeles

Zoning LAR3

Rooms

Family Room 1

Other Rooms Cabana

Dining Room 0

Interior

Heating Floor, Floor Furnace

Cooling None

Flooring Hardwood

Fireplaces Type Den

Equipment Washer, Dryer, Refrigerator, Range/Oven, Vented Exhaust Fan

Laundry In Kitchen

Exterior

Parking Features None

Garage Spaces 2.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Craftsman

Level or Stories One

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb