1524 S Fairfax Avenue, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1524 S Fairfax Avenue,Los Angeles, CA 90019
$1,750,000
- 3 Beds
- 2 Baths
- 1,479 sq. ft.
- Single family
- Active
Listed by:doron baruch
Office:christie's international real estate socal
MLS#:CL25541897
Source:CA_BRIDGEMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$1,183.23
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 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/
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Home facts
- Year built:1925
- Listing ID #:CL25541897
- Added:142 day(s) ago
- Updated:October 11, 2025 at 02:25 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Living area:1,479 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1925
- Building area:1,479 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$1,183.23
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