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$1,795,000   Price Analysis
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1332 N Fairfax Ave
Los Angeles, CA 90046
Unknown bed 0 bath unknown SqFt ($0/SqFt)
6,552SqFt lot.
Listed 2024-07-09, Taxes $4,665
Ⓧ USDA Ineligible
due to property

near Los Angeles

We are proud to present for sale a development opportunity for 26 Units in Prime Los Angeles

Across the street from West Hollywod. 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 tremendous 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.


Presented by Dario Svidler at
Keller Williams Beverly Hills.


Property MLS #24-413189 from TheMLSCLAW

Lot Size Acres: 0.1504132
Lot Size Dimensions: 50x131
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6552

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Current Use: Mostly Demolished. Not finaled.
Directions: Just south of Sunset Blvd. and steps outside of West Hollywood. East of Crescent Heights Blvd.
Source Property Type: Land
Possible Use: Planning Approval for 26 Affordable Units
Inclusions: Planning Approval for 26 Affordable Units
Area: Hollywood
Source Neighborhood: Hollywood
Parcel Number: 5551-027-006
Postal Code Plus 4: 4713
Zoning: R1-1 Tier2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$74,919 + $299,720
$374,639
$4,665
2021$73,450 + $293,844
$367,294
$4,600
2020$72,697 + $290,831
$363,528
$4,642
2019$71,272 + $285,129
$356,401
$4,467
2018$69,875 + $279,539
$349,414
$4,388
2017$68,505 + $274,058
$342,563
$4,296
2016$67,162 + $268,685
$335,847
$4,190
2015$66,154 + $264,650
$330,804
$4,131
2014$64,859 + $259,466
$324,325
$4,152
2013$64,566 + $258,294
$322,860
$4,146
2012$63,300 + $253,230
$316,530
$4,198
2010$62,059 + $248,265
$310,324
$4,117
2009$61,743 + $246,996
$308,739
$3,967
2009$61,596 + $246,410
$308,006
$3,967
2008$60,533 + $242,153
$302,686
$3,802
2007$59,347 + $237,405
$296,752
$3,678

Listed 2024-07-09
$1,795,000
TheMLSCLAW
Listing removed 2024-05-24
$0
TheMLSCLAW
Price Changed 2024-02-29
$1,550,000
TheMLSCLAW
Listed 2024-01-24
$1,600,000
TheMLSCLAW
Sold 2023-04-25
$1,050,000
TheMLSCLAW
Sold 1997-12-04
$249,000
Public Record
Sold 1994-02-25
$145,000
Public Record
Sold 1990-12-12
$250,000
Public Record

Gardner Street Elementary School is a public elementary school located approximately 0.6 miles away.
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Fairfax Senior High School is a public high school located approximately 0.9 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 1.5 miles away.
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West Hollywood College Prep School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.