1524 S Fairfax Avenue
Los Angeles, CA 90019
3
Bed
1
Bath
1,479Sqft
6,888Sqft(Lot)
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 outsta
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom 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 ConditioningHeating Source
Floor Furnace Has HeatingFireplace
Fireplace Features: Den Has Fireplace: 1
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Building Information
Year Built: 1925 Building Area Total: 1,479 -
Security Features
Security Gate -
Pool Features
NoneLaundry Features
In Kitchen
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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
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Listing Price Information
Original List Price: 1,550,000 Listing Contract Date: 2026-05-26 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5068023020
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Garage and Parking
Garage Description: NoneHomeowners Association
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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: 101 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1479 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1117 S Manhattan Place, Los Angeles, CA, 90019 | $1,399,000 | 4 | 2 | 1,807 | 1,807 SqFt |
| 1044 S St Andrews Place, Los Angeles, CA, 90019 | $1,490,000 | 5 | 3 | 2,133 | 2,133 SqFt |
| 1254 S Manhattan, Los Angeles, CA, 90019 | $1,790,000 | 6 | 3 | 3,024 | 3,024 SqFt |
| 941 S Gramercy Place, Los Angeles, CA, 90019 | $2,695,000 | 12 | -- | 7,360 | 7,360 SqFt |
| 1415 S Manhattan Place, Los Angeles, CA, 90019 | $2,280,000 | 9 | 5 | 7,512 | 7,512 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $2,799,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $1,925,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1070 S Wilton Place, Los Angeles, CA, 90019 | $2,300,000 | 4 | 2 | 3,190 | 3,190 SqFt |
| 1023 S Wilton Place, Los Angeles, CA, 90019 | $1,425,000 | 7 | 7 | 2,660 | 2,660 SqFt |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 13:49
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