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1524 S Fairfax Avenue
USD 1,900,000
Property ID: 25541897
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1524 S Fairfax Avenue ,90019
icon Single-family villa
icon 6888 SqFt
icon Built in 1925
icon USD 276/SqFt
icon 3 Beds
icon 2 Full
icon --
icon --
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Location
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Interior Details
Bedrooms
3
Bathrooms
2
Interior Size
1479
Construction Details
Property Type Single-family villa
Property Condition --
Architectural Style --
New Construction --
Year Built 1925
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Detailed Introduction Of 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/ month with tenant in place month to month
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (16)
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1524 S Fairfax Avenue
USD 1,900,000 3 Beds
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