1562 S Fairfax Avenue
Los Angeles, CA 90019
Map
- – beds
- – baths
- 6,888 sqft
- 6,888 sqft lot
- $254 per sqft
- – 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# CL25562269 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:6888
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Living Area Units:Square Feet
Location
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Directions:South of Pico Blvd, North of Ai
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:5068023013
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Zoning:LAR3
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Lot Size Area:0.16
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Lot Size Acres:0.16
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Lot Size SqFt:6888
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (310) 651-1800
The Community
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Association:false
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/10/25
Jul 10, 2025
|
Listed / Active | BRIDGE | $1,750,000 | 34.6% (8.0% / YR) |
|
3/16/21
Mar 16, 2021
|
BRIDGE | $1,300,000 | -7.1% | |
|
2/8/21
Feb 8, 2021
|
CRMLS_CA | $1,400,000 |
