1524 S Fairfax Avenue

Los Angeles, CA 90019

  • 3 Bed(s)
  • 1 Bath(s)
  • 1,479 Sqft
  • 6888
    Sqft(Lot)
$1,750,000

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

  • Property Type

    Residential

  • County

    Los Angeles

  • Style

    Craftsman

  • AD ID

    49895980

Sell a home like this and save $104,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 3

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 1
    • Half Baths: 1

    Interior Features

    • Interior Features: Separate/Formal Dining Room
    • Property Appliances: Gas Cooktop,Refrigerator,Vented Exhaust Fan,Dryer,Washer
    • Fireplace: Den
    • Flooring: Wood
    • Furnished Description: Unfurnished

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Floor Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: Den
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1925
    • Building Area Total: 1,479

    Security Features

    • Security Gate

    Pool Features

    • None

    Laundry Features

    • In Kitchen

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1581
    • Lot Size Dimensions: 55x125
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 6888

  • Listing Price Information

    • Original List Price: 1,750,000
    • Listing Contract Date: 2025-05-21

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5068023020

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 4911
    • Directions: south of Pico north of venice
    • Zoning: LAR3
    • Source Property Type: Residential
    • Area: C16 - Mid Los Angeles
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 100
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 1479
    • Levels or Stories: One
    • Building Total Stories: 1
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 06/14/2025 @ 06:50

  • MLS: 25541897
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 1,479 sqft, 6,888 sized lot, and 2 parking. are nearby neighborhoods.