Search
1562 S Fairfax Ave, Los Angeles, CA 90019
View Photos

1562 S Fairfax Ave Los Angeles, CA 90019

$1,300,000 Sold Price as of 03/16/2021
  • 3 Beds
  • 1 Baths
  • 1,144 Sq.Ft.
Sold
$1,300,000 Sold Price as of 03/16/2021 Refinance Your Mortgage
Map preview of 1562 S Fairfax Ave, Los Angeles, CA 90019

Property Overview: 1562 S Fairfax Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,144 living square feet and 6,886 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Serious Investors, Contractors, and Developers dont miss out on this investment opportunity in desirable Picfair Village area. The property comprised of a 1144ft Single Family home on a 6,886 sqft R3 lot, centrally located in Los Angeles West Mid-City near Farmers Market-Grove, Miracle Mile, Beverly Hills, and Culver City with easy access to shopping, entertainment and transportation. Offered AS IS, no repairs; delivered vacant. Property in the heart of ongoing community development, offers extensive investment opportunities may be eligible for (TOC) Affordable Housing Incentive Program. Buyer shall be responsible for verifying zoning and regulations, if required.Disclosure: There are two (2) Sellers, each with 50%-50% interest in the subject property. This Listing agent represents only one (1) of the Sellers as to his 50% interest. Sale/Purchase is contingent upon agreement of both Sellers. Please Do Not Disturb Occupants. Appointment Only

Listed by Kathy M. Ussery | BRE #01195184 | AMFAC Real Estate Group
Co-listed by Daniel Shamooelian | BRE #01984269 | Keller Williams Beverly Hills
Last checked: 7 minutes ago | Last updated: September 28th, 2023 | Source CRMLS | DOM: 97

Home details

Lot Sq. Ft
6,886
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
20655184
City
Los Angeles
County
Los Angeles
Time on Site
1221 days

Property Details for 1562 S Fairfax Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Carpet, Tile
  • Living Room
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Paved
  • No Attached Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5068023013
  • Architectural Style: Spanish
  • Property Condition: Fixer, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Los Angeles West/Mid-City Area Fairfax Avenue: West of Hauser Boulevard; East of Crescent Heights; South of Pico Boulevard; 1 Lot North of South East Corner of Fairfax Avenue at Pickford Street; North of Venice Boulevard.
View more facts & features

Local Los Angeles Agent

Sale History for 1562 S Fairfax Ave

Last sold for $1,300,000 on March 16th, 2021

  • March, 2021

  • Mar 17, 2021

    Date

    Sold

    CRMLS: 20655184

    $1,300,000

    Price

  • Feb 9, 2021

    Date

    Pending

    CRMLS: 20655184

    $1,400,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: 20655184

    $1,400,000

    Price

  • November, 2020

  • Nov 14, 2020

    Date

    Expired

    CRMLS: 20601564

    $1,400,000

    Price

  • Sep 21, 2020

    Date

    Withdrawn

    CRMLS: 20601564

    $1,400,000

    Price

  • Sep 20, 2020

    Date

    Active

    CRMLS: 20601564

    $1,400,000

    Price

  • Aug 21, 2020

    Date

    Hold

    CRMLS: 20601564

    $1,400,000

    Price

  • Aug 20, 2020

    Date

    Active

    CRMLS: 20601564

    $1,400,000

    Price

  • Jul 9, 2020

    Date

    Hold

    CRMLS: 20601564

    $1,400,000

    Price

  • Jul 8, 2020

    Date

    Active

    CRMLS: 20601564

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors and developers! We are pleased to present for sale an R3 TOC Tier 3 development opportunity located in the highly coveted Faircrest Heights neighborhood of Los Angeles. Current improvements include a single family home which will be delivered VACANT=No tenant relocation or RSO here! The offering consists of a 6,886 sqft R3 zoned lot, meaning a developer can build 8 units by right or up to 16 units utilizing the TOC regulations. TOC provides for reduced parking & setback requirements, and potential for increased height. Lots of new development on the block and immediate area. The site's central location in Mid-City provides easy access to Beverly Hills, Miracle Mile, Culver City, and more! Don't miss this amazing opportunity to develop in one of LA's most desirable neighborhoods close to all shopping, restaurants, transportation, etc! Buyer to verify all zoning and TOC regulations with LADBS. Home to be sold As-Is, seller will not make any repairs to the property.

Show More

Tax History for 1562 S Fairfax Ave

Assessed Value (2020): $177,656
Year Land Value Improved Value Assessed Value
2020 $105,310 $72,346 $177,656

Home Value Compared to the Market

This property vs the competition

1562 S Fairfax Ave sold on March 16, 2021 for 17.65% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1223.78 per/sqft which puts the price per square foot 62.09% higher than the current median sale per square foot for the city of Los Angeles.

About 1562 S Fairfax Ave

Detailed summary of property

1562 S Fairfax Ave is a single family home that recently sold in Los Angeles, CA 90019. This house offered 3 bedrooms, 1 bathrooms, roughly 1,144 living square feet, and sits on an approximately 6,886 square foot lot. 1562 S Fairfax Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,300,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.65% higher than the current median priced home. Local homes that are currently for sale include 2215 S Dunsmuir Ave, 2324 S Dunsmuir Ave and 2131 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 92 days, 1562 S Fairfax Ave has a days on market of 97 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1562 S Fairfax Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1562 S Fairfax Ave

Public county record property details
Beds
3
Baths
1
Year built
1925
Sq. Ft.
1,144
Lot Size
6,886
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
90
APN
5068-023-013

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1562 S Fairfax Ave

Nearby Homes for Sale

1426 S Hayworth Ave #102, Los Angeles, CA 90035
$1,250,000
3 Beds
1 Baths
1811 Sq.Ft.
1426 S Hayworth Ave #102
Los Angeles, CA 90035
1571 Hi Point St, Los Angeles, CA 90035
$1,499,000
3 Beds
3 Baths
1849 Sq.Ft.
1571 Hi Point St
Los Angeles, CA 90035
6064 Horner St, Los Angeles, CA 90035
$1,498,000
4 Beds
2 Baths
2800 Sq.Ft.
6064 Horner St
Los Angeles, CA 90035
1711 S Crescent Heights Blvd, Los Angeles, CA 90035
$1,375,000
3 Beds
2 Baths
1466 Sq.Ft.
1711 S Crescent Heights Blvd
Los Angeles, CA 90035
1943 S Spaulding Ave, Los Angeles, CA 90016
$1,060,000
2 Beds
1 Baths
1095 Sq.Ft.
1943 S Spaulding Ave
Los Angeles, CA 90016
1714 S Marvin Ave, Los Angeles, CA 90019
$1,189,000
4 Beds
3 Baths
1708 Sq.Ft.
1714 S Marvin Ave
Los Angeles, CA 90019
Open 5/18 10am-1pm
2101 Thurman Ave, Los Angeles, CA 90016
$1,499,000
3 Beds
2 Baths
1834 Sq.Ft.
2101 Thurman Ave
Los Angeles, CA 90016
2314 Thurman Ave, Los Angeles, CA 90016
$1,250,000
2 Beds
2 Baths
1374 Sq.Ft.
2314 Thurman Ave
Los Angeles, CA 90016
Open 5/18 1pm-4pm
1515 S Holt Ave #405, Los Angeles, CA 90035
$1,149,000
3 Beds
2 Baths
1430 Sq.Ft.
1515 S Holt Ave #405
Los Angeles, CA 90035
1358 S Ridgeley Dr, Los Angeles, CA 90019
$1,190,000
2 Beds
1 Baths
861 Sq.Ft.
1358 S Ridgeley Dr
Los Angeles, CA 90019
920 S S Genesee Ave, Los Angeles, CA 90036
$1,558,000
3 Beds
2 Baths
1699 Sq.Ft.
920 S S Genesee Ave
Los Angeles, CA 90036
2045 S Burnside Ave, Los Angeles, CA 90016
$1,095,000
5 Beds
3 Baths
2335 Sq.Ft.
2045 S Burnside Ave
Los Angeles, CA 90016

Recently Sold Homes Near 1562 S Fairfax Ave

1551 S Orange Grove Ave, Los Angeles, CA 90019
$1,675,000 Last Sold Price
2 Beds
1 Baths
1294 Sq.Ft.
1551 S Orange Grove Ave
Los Angeles, CA 90019
1610 S Hayworth Ave, Los Angeles, CA 90035
$1,508,052 Last Sold Price
3 Beds
2 Baths
1700 Sq.Ft.
1610 S Hayworth Ave
Los Angeles, CA 90035
1557 S Ogden Dr, Los Angeles, CA 90019
$1,260,000 Last Sold Price
3 Beds
2 Baths
1510 Sq.Ft.
1557 S Ogden Dr
Los Angeles, CA 90019
1627 S Orange Grove Ave, Los Angeles, CA 90019
$1,723,800 Last Sold Price
3 Beds
3 Baths
2216 Sq.Ft.
1627 S Orange Grove Ave
Los Angeles, CA 90019

Related Resources to 1562 S Fairfax Ave

New Listings in 90019
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote