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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1524 S Fairfax Avenue Los Angeles, CA 90019
$1,550,000 3 beds, 2 baths
1, 479 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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DEVELOPMENT DEAL. Prime Development Opportunity R3 Lot with Partial RTIAn exceptional opportunity for developers and investors! This R3-zoned lot comes with a partially RTI (Ready-To-Issue) permit, having already passed Planning and currently awaiting approval from the Building and Safety Department. The proposed project is sited for a 20-unit build, consisting of 16 primary units plus 4 ADUs on the ground floor, maximizing the lot's development potential.Located in a high-demand area with strong rental upside, this property is ideal for those looking to capitalize on Los Angeles's growing need for multi-family housing, with much of the entitlement process already completed, this is a rare chance to step into a nearly shovel-ready development with significant upside.Don't miss this outstanding investment opportunity to build a high-yield asset in a desirable neighborhood. The home currently is a Single Family. Floors have been redone, home has been painted inside and out, new Kitchen, new bathrooms, has never been lived in. Large lot of almost 7k sqft with a newly constructed backyard. This beautiful home is move in ready. Location is ideal, min from Beverly Grove and a few blocks from Freeway. Easy to show and could be leased furnished as well. Already cash flowing at $5,000/ month with tenant in place until January 2027

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 26838521
List price is $1,550,000
Beds: 3
Baths: 2 (1 full) (1 half)
Den fireplaces
Built in 1925
1,479 sqft
1 story
0.16 acres
Lot size: 0.1581
County: Los Angeles
Property style: Craftsman
Zoning: LAR3
Interior features: Separate/Formal Dining Room
Appliances: Gas Cooktop,Refrigerator,Vented Exhaust Fan,Dryer,Washer
Parking description: None
Heating/cooling: None
Heating description: Floor Furnace
MLS area: C16 - Mid Los Angeles
Furnished: Unfurnished

Last Updated: 6/3/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.048861, -118.366894.
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Listing Agent: Doron Baruch
Co Listing Agent: Tomer Fridman
Lic#: 01902157
Broker: Courtesy of Christie's International Real Estate SoCal

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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