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$1,500,000
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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 6,545 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.
Full Property Details
Full Property Details for 1332 N Fairfax Ave
General
- Sold For: $1,500,000
- Status: Closed
- Type: Lots/Land
- Source: CLAW
- MLS ID: 24-413189
- Added to Site: 634 day(s) ago
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: Just south of Sunset Blvd. and steps outside of West Hollywood. East of Crescent Heights Blvd.
Lot Features
- Property View: Other
- Lot Size (Acres): 0.1504
- Lot Size: 6552
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 131
- Present Use: Mostly Demolished. Not finaled.
- Potential Use: Planning Approval for 26 Affordable Units
- Zoning: R1-1 Tier2
Disclosures and Reports
- Inclusions: Planning Approval for 26 Affordable Units
- Disclosures/Reports: As Is, Seller/Owner/Principal RE Licensed
- APN: 5551-027-006
Listed and Sold by Keller Williams Beverly Hills, Dario Svidler
Get Pre-Approved Today
Schools
Schools serving 1332 N Fairfax Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gardner Street Elementary School 7450 Hawthorn Avenue, Los Angeles, CA 90046 | PK-5 | 0.6 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 1.5 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1332 N Fairfax Ave
Date
Details
Price
Change
Source
12/13/2024
Sold
$1,500,000
-8.81%
MLS
8/15/2024
Price Reduced
$1,645,000
-8.36%
MLS
7/09/2024
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1332 N Fairfax Ave, Los Angeles, CA 90046 (MLS# 24-413189) is a Lots/Land property that was sold at $1,500,000 on December 13, 2024. Want to learn more about 1332 N Fairfax Ave? Do you have questions about finding other Lots/Land real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

