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Listed by: Doron Baruch (310) 628-5788 DRE #01902157, Tomer Fridman DRE #01750717 | Christie's International Real Estate SoCal (424) 249-7162
$1,550,000
3 Beds
- 2 Baths
1 full bath + 1 half bath
1,479sqft
1524 S Fairfax Ave, Los Angeles, CA 90019
$1,550,000
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Single Family Residence
Built in 1925
$-- HOA
6,888 sqft lot
$1,048/sq.ft
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 comple...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
1,479 sqft
Lot Size
6,888 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26838521
MLS Status
Active
Days on Market
70
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