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1346 N Fairfax Ave, Los Angeles, CA 90046
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1346 N Fairfax Ave Los Angeles, CA 90046

$1,550,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,550,000 Get Pre-Qualified
Map preview of 1346 N Fairfax Ave, Los Angeles, CA 90046

Property Overview: 1346 N Fairfax Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,527 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: REDUCED! We are proud to present for sale a development opportunity in Prime Los Angeles, across the street from West Hollywood. Benefit from West Hollywood without the WeHo Building and Safety hassles. The structure on the property has been demolished, leaving a site almost ready for a Double Duplex (utilizing SB9). Build your units among some of the highest rental comparables in town! 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. 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! 1332 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.

Listed by Dario Svidler | BRE #01884474 | Keller Williams Beverly Hills
Last checked: 10 minutes ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 81
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Home details

Lot Sq. Ft
6,527
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24351372
City
Los Angeles
County
Los Angeles
Time on Site
94 days

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Property Details for 1346 N Fairfax Ave

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 5551027003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just south of Sunset Blvd. and steps outside of West Hollywood. East of Crescent Heights Blvd.
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Local Los Angeles Agent

Sale History for 1346 N Fairfax Ave

Last sold for $1,025,000 on April 25th, 2023

  • January, 2024

  • Jan 24, 2024

    Date

    Active

    CRMLS: 24351372

    $1,600,000

    Price

  • April, 2023

  • Apr 25, 2023

    Date

    Sold

    CRMLS: 22219299

    $1,025,000

    Price

  • Nov 18, 2022

    Date

    Active

    CRMLS: 22219299

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    **REPORT OF SALE HEARING WILL BE HELD 3/23/23 @ 8:30AM AT 111 North Hill Street, Dept. 44** **Subject to Overbid. Minimum overbid amount is currently $1,076,750. Any party submitting an overbid must bring a Cashier's Check in the amount 10% of minimum overbid amount and made payable to correct party** // ***PRICE REDUCED $100,000. PROBATE SALE - Subject to court confirmation and overbid. "As-Is" Sale. Located just a block outside City of West Hollywood, this 6,525 Sq Ft flat lot is one of the last remaining opportunities to develop a residential site in this incredibly central location. Existing structure is a 1919 built heavy fixer bungalow with a garage and driveway. Property located on the East side of Fairfax neighboring a new development townhouse collection to the north and redone rental building to the south. Property zoned LAR1. Buyer(s) to perform own due diligence to satisfy themselves on possibilities for development opportunities for multi-family, SB9, or TOC (Transit Oriented Communities). Property can be purchased individually or with 1332 N Fairfax Ave (APN: 5551-027-006).

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Tax History for 1346 N Fairfax Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1346 N Fairfax Ave is listed 25.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 1346 N Fairfax Ave

Detailed summary of property

1346 N Fairfax Ave is a land located in Los Angeles, CA 90046 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,527 square foot lot. 1346 N Fairfax Ave was first listed on ArdentRealEstateGroup.com on January 24, 2024. The homeowner is currently asking $1,550,000 and was originally asking $1,600,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.4% higher than the median priced home. Local competing homes currently for sale include 1450 S Orange Grove Ave, 250 N Wilton Pl and 1883 S Cochran Ave. While the average home in Los Angeles, CA is selling in 96 days, 1346 N Fairfax Ave has a days on market of 81 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1346 N Fairfax Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1346 N Fairfax Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
206
Median Sale to List Price %
100.56%
Avg Days on Market
52
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (4.55%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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