1524 Fairfax, Los Angeles CA 90019 | $1,750,000

  • 3 bedrooms
  • 2 bathrooms
  • 1,479 Sq Ft
  • 6888 Lot Sq Ft
  • Type: Single Family Residence
  • Stories: 1
  • Year Built: 1925
  • MLS#: 25541897
  • Community: C16 - Mid Los Angeles

Listing provided courtesy of Doron Baruch of Christie's International Real Estate SoCal. Last updated 2025-11-10 09:06:27.000000. Listing information © 2025 SANDICOR.

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

More Details

0.16 Acres
1 Story

David Piper

Call or Text: 858-525-5007

DRE# 02021985