Keller Williams Realty - Jeff Menendez Homes
1/12
Listing Courtesy Of: Keller Williams Beverly Hills, 310-432-6400, Dario Svidler
Listing Sold By: Keller Williams Beverly Hills
Local Realty Services Provided By: Keller Williams Realty Hollywood Hills
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,500,000
1332 N Fairfax Ave, Los Angeles, CA 90046
.15 ac
$1,500,000

1332 N Fairfax Ave, Los Angeles, CA 90046

Estimation provided by Keller Williams Realty Inc.
.15 ac
Sold
Sold

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.

Property Details

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Overview
Property Type
Land
Days on Site
265 Days
Parking
No
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,500,000
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
08/15/2024
Price Decrease
$1,645,000
(-8.36%)
$10,966,667/ac
07/09/2024
Listed
$1,795,000
(+70.95%)
$11,966,667/ac
03/27/2023
Sold
$1,050,000
(+321.69%)
$7,000,000/ac
11/19/1997
Sold
$249,000
(+71.72%)
$1,660,000/ac
12/01/1993
Sold
$145,000
$966,667/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$4,880
(+4.61%)
$382,131
Land 305,714 + Additions 76,417
2022
$4,665
(+1.41%)
$367,294
Land 293,844 + Additions 73,450
2021
$4,600
(+2.98%)
$367,294
Land 293,844 + Additions 73,450
2019
$4,467
(+137,776.85%)
$363,528
Land 290,831 + Additions 72,697
2017
$3.24
$349,414
Land 274,058 + Additions 68,505
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from WeHo MidCity-East Crescent
Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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New - 6,363 Hours
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$1,500,000
0.15 ac
1346 N Fairfax Ave, Los Angeles, CA 90046
Listing Courtesy Of: Keller Williams Beverly Hills, 310-432-6400, Dario Svidler

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