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OPEN SUNDAY, 8PM - 11PM
$899,000FOR SALE
4 beds · 2 baths · 1,749 sqft
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For Sale
$1,550,000
Est. $8,680/mo1524 S Fairfax Avenue, Los Angeles, CA 90019
bed
3
Bedrooms
bathtub
2
Bathrooms
square_foot
1,479
Sq Ft
About this home
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 sqft 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 $5,000/ month with tenant in place until January 2027
Listed by Doron Baruch • Christie's International Real Estate SoCal
Property Facts
bed
Bedrooms
3
bathtub
Bathrooms
2
square_foot
Square Feet
1,479
landscape
Lot Size
6,888 sqft
calendar_month
Year Built
1925
home_work
Property Type
Single Family Residence
timer
Days on Market
8
garage
Garage Total
2
fingerprint
MLS #
26838521
Interior Details
General Interior
Interior Features
Separate Formal Dining Room
Flooring
Wood
Fireplace
Den
Kitchen & Appliances
Appliances
Gas Cooktop, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Laundry
In Kitchen
Climate Control
Heating
Floor Furnace
Parking
Total Parking Spaces
2
Garage Spaces
2
Exterior & Lot
Building & Construction
Security
Security Gate
Direction Faced
West
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
$
%
Nearby Schools
| Rating | School Name |
|---|---|
N/A | Mesivta Birkas Yitzchok Private School |
9 | Los Angeles Center For Enriched Studies Elementary School |
5 | Crescent Heights Boulevard Elementary Elementary School |
N/A | Cheder Menachem Private School |
N/A | City Kids La Private School |
Convenience Score
Market Insights
90019|Los Angeles
Estimated Value
Calculating...
No change vs. last year
Value history is still building for this area.
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood & Climate Risk
Noise Levels
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