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 beds: 3Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Flooring Information
Wood -
Interior Features
Separate/Formal Dining RoomAppliances: Gas Cooktop, Refrigerator, Vented Exhaust Fan, Dryer, WasherLaundry Features: In Kitchen -
Heating & Cooling
Has Heating: Yes Heating: Floor Furnace Cooling: None
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Building Information
Year Built: 1925Building Area Total: 1479Stories: 1Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Lot Dimensions: 55x125 Main Square Feet: 6888 Lot Size Acres: 0.1581 Lot Size Square Feet: 6,888
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Listing Price Information
Listing Price: $1550000
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Tax Information
Parcel Number: 5068023020
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Virtual Tour
Parking Information
Parking Total: 2 NoneGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: South of Pico, North of Venice. Security Features: Security Gate
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
| 1138 S St Andrews Place, Los Angeles, CA, 90019 | $1,343,000 | 4 | 2 | 1,830 | 1,830 SqFt |
| 932 S Gramercy Place, Los Angeles, CA, 90019 | $1,680,000 | 10 | 10 | 4,800 | 4,800 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 | $2,250,000 | 9 | 5 | 7,512 | 7,512 SqFt |
| 939 S Wilton Place, Los Angeles, CA, 90019 | $2,600,000 | 12 | 10 | 5,359 | 5,359 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $2,799,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1224 S Wilton Place, Los Angeles, CA, 90019 | $1,595,000 | 6 | 5 | 4,560 | 4,560 SqFt |
| 1404 1/2 S Wilton Place, Los Angeles, CA, 90019 | $755,000 | 3 | 2 | 1,273 | 1,273 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 11:39
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