1562 S Fairfax Avenue
Los Angeles, CA 90019
Map
- – beds
- – baths
- – sqft
- 6,888 sqft lot
- – on site
Don't miss this rare opportunity to build a 20-unit multifamily project "Near RTI" in the highly sought-after Picfair Village neighborhood! Currently vacant land, you'll save approximately $70,000 in demolition costs with no tenant relocation required! This offering includes completed Architectural Plans, Structural Plans, Survey, Soils Report, and Landscape Plan, saving you both time and money in pre-construction. The approved design features a 5-story apartment building with one level of subterranean parking, perfectly suited for the area's strong rental demand. Subject property is zoned (Q)R3-1 with a lot size of 6,886 sqft (55 by 125 ft). Also an excellent candidate for an ED-1 100% fully affordable project! Enjoy a central location just moments from local dining, shopping, and public transportation, ideal for future tenants seeking convenience and lifestyle. Minutes from the Grove, LACMA, the 10-Freeway, and more. Offered As-Is. Contact listing agent for more details or full set of plans. Seller makes no warranties or representations regarding the existing plans.
Last checked:
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Last updated Jul 10, 2025
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MLS# 25562269 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:South of Pico Blvd, North of Airdrome St, East of Fairfax Ave, West of Hauser Blvd
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Latitude:34.04782800
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Longitude:-118.36717900
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Size Area:6888.0000
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Lot Size Dimensions:55x125
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Lot Size Acres:0.1581
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Lot Size SqFt:6888.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5068023013
The Community
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Association:No
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Senior Community:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/10/25
Jul 10, 2025
|
Listed / Active | CRMLS_CA | $1,750,000 | 34.6% (8.0% / YR) |
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3/16/21
Mar 16, 2021
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BRIDGE | $1,300,000 | -7.1% | |
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2/8/21
Feb 8, 2021
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CRMLS_CA | $1,400,000 |
