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$1,645,000

Est. payment - /mo

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6,525 Sqft Lot

Pending

1346 N Fairfax AVE Los Angeles, CA 90046

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/23/2024 10:48 PM

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24413147

HOA Y/N No

Lot Size 6,525 Sqft

Lot Dimensions Assessor

Property Description

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 6,550 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. 1332 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning R1-1 Tier2

Interior

Inclusions Planning Approval for 26 Affordable Units

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 5551027003

Special Listing Condition Standard

Listed by Dario Svidler • Keller Williams Beverly Hills

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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