1346 Fairfax Avenue, Los Angeles

$1,795,000

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0.15

Acres

About 1346 Fairfax Avenue

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 6,550 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. 1332 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.

Features of 1346 Fairfax Avenue

MLS® # 24413147
Price $1,795,000
Bathrooms 0.00
Acres 0.15
Type Land
Status Active

Community Information

Address 1346 Fairfax Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90046

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed July 9th, 2024
Days on Market 14
Zoning R1-1 Tier2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDario Svidler
OfficeKeller Williams Beverly Hills

Listing Map

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