Listing by: Dario Svidler, Keller Williams Beverly Hills

0 Beds

n/a Full bath

n/a SqFt

Pending

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.

Property Details
Price $1,645,000
Lot Size 50x131
Lot Size Area 6552
Lot Size Area Units Square Feet
Acres 0.1504
Property Type Land
Geographic Data
Directions Just south of Sunset Blvd. and steps outside of West Hollywood. East of Crescent Heights Blvd.
County Los Angeles
Latitude 34.095422
Longitude -118.361165
Market Area C20 - Hollywood
Address Information
Address 1332 N Fairfax Avenue, Los Angeles, CA 90046
Postal Code 90046
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Keller Williams Beverly Hills
Listing Agent Dario Svidler
Special listing conditions Standard
MLS Information
Days on market 90
MLS Status Pending
Listing Date Jul 9, 2024
Listing Last Modified Oct 23, 2024
Tax ID 5551027006
MLS Area C20 - Hollywood
MLS # 24413189

This information is believed to be accurate, but without any warranty.
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