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1524 S Fairfax Avenue, Los Angeles, CA 90019

$1,550,000 Approx. USD 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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Listing Agent

Doron Baruch | dbaruchrealty@gmail.com
Lic#: 01902157
Broker: Courtesy of Christie's International Real Estate SoCal
Phone: 310-628-5788

Co Listing Agent

Tomer Fridman | tomer@thefridmangroup.com
Lic#: 01750717
Broker: Courtesy of Christie's International Real Estate SoCal
Phone: 310-919-1038

Agent Remarks

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

Price: $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

Days On Market (DOM): 26

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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