REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,645,000
Est. payment /mo
Pending
1332 N Fairfax AVE Los Angeles, CA 90046
6,551 Sqft Lot
UPDATED:
10/23/2024 10:48 PM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24413189
HOA Y/N No
Lot Size 6,551 Sqft
Lot Dimensions Assessor
Property Description
REDUCED! We are proud to present for sale a development opportunity for 26 Units in Prime Los Angeles, across the street from West Hollywood. Benefit from West Hollywood without the WeHo Building and Safety hassles. You have found the best location around, with Planning Approval for a 26 Unit Affordable Project! And this Zip Code qualifies for Tier 2 of SAFMR, so get ready for Section 8 demand coming your way! Steps to Sunset Blvd. and walking distance to pretty much everything any resident would want, Walk Score is right in calling this area a Walker's Paradise! Walk to supermarkets, restaurants in all price ranges, happening nightlife and so much more! Near the Bristol Farms (literally on the same block to the north, at Sunset Blvd.), Whole Foods, Rite Aid, DGA... This 6,545 SF Lot is a former SFR and has an SB8 Replacement Unit Determination Letter stating that zero units are subject to replacement. Build 4 stories of mostly 1s and some 2s, Slab on Grade, Type 5 Construction and be up and running in no time! The property has no power lines in front, with a gently sloping street to the south, providing the possibility for great rooftop views! No replacement units, RSO or Ellis to worry about! The Seller has a Preliminary Project that has not been submitted to LADBS and will not be delivered RTI. 1346 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning R1-1 Tier2
Interior
Inclusions Planning Approval for 26 Affordable Units
Fireplace No
Exterior
View Y/N Yes
Building
New Construction No
Others
Senior Community No
Tax ID 5551027006
Special Listing Condition Standard
Listed by Dario Svidler • Keller Williams Beverly Hills