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.