1524 S Fairfax Avenue
Los Angeles, CA 90019
Listing broker / agent: The Beverly Hills Estates · Doron Baruch · CRMLS
MLS # 26838521 · Last checked Oct 19, 2026 18:14 UTC
About this property
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
Property details
- MLS number
- 26838521
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 2 Baths
- Living area
- 1,479 (area; units unconfirmed)
- Lot size
- 0.1581 acres
- County
- Los Angeles
- Year built
- 1925
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 136
Building
- Year built
- 1925
- Year built source
- Assessor
- Architectural style
- Craftsman
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 1
- Half bathrooms
- 1
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Rooms
- Dining Room
- Appliances
- Gas Cooktop, Refrigerator, Vented Exhaust Fan, Dryer, Washer
- Interior features
- Separate Formal Dining Room
- Flooring
- Wood
- Heating
- Floor Furnace
- Cooling
- None
- Fireplace
- Den
- Laundry
- In Kitchen
- Furnishing
- Unfurnished
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- None
- Pool
- None
- Spa
- None
- Property outlook
- None
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,499,000
- MLS-reported original asking price
- $1,550,000
- MLS-reported previous asking price
- $1,550,000
- MLS-reported last price change
- 2026-09-23 09:46 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:48 | $1,499,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
515 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 19:04 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗