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1524 S Fairfax Ave, Los Angeles, CA
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1524 S Fairfax Ave, Los Angeles, CA - Main view
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3-bed apartment for sale, 137 m²

Mid-City, Los Angeles

33 026 179 Kč

240 367 Kč/m²

Listed 36 days ago · 26 May 2026

Apartment

Category

137.4 m²

Area

About this listing

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 sqft 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 $5,000/ month with tenant in place until January 2027

Key Stats

Area137.4 m²
Bedrooms3
Bathrooms2.0
SubtypeDetached

Listed on

Synced 2 days ago

Zillow Us

33 026 179 Kč

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Los Angeles
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Los Angeles

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Financing

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Estimated monthly payment

$7,206/mo

4.94 % rateAPR 5.80 %
Down 20%Loan 80%
$310,000$1,240,000 loan
Total repayable$2,161,691
Interest rate4.94 %
APR5.80 %

Representative estimate · Landomo is not a mortgage broker.

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