Los Angeles, CA 90025,1824 Fairburn AVE
Los Angeles, CA 90025,1824 Fairburn AVE
Los Angeles, CA 90025,1824 Fairburn AVE
Los Angeles, CA 90025,1824 Fairburn AVE
Los Angeles, CA 90025,1824 Fairburn AVE
Los Angeles, CA 90025,1824 Fairburn AVE
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$5,250,000

Est.Price: ?

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Est. payment /mo

16 Beds

17 Baths

11,593 SqFt


SOLD DATE : 10/13/2022

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 11,593 sqft

Price per Sqft $431

MLS Listing ID 22181808

Sold Date 10/13/22

Bedrooms 16

HOA Y/N No

Year Built 1966

Lot Size 7,562 Sqft

Property Description

Located in one of the most favorable neighborhoods of Los Angeles, the 9-unit 3-story, 1824 Fairburn Avenue, represents a highly desirable investment opportunity. Just 0.5 miles away from the infamous Westfield Century City Mall, 1824 Fairburn Avenue's location, quiet residential surroundings, and tenant amenities differentiates it amongst others. The offering contains a lot size of 7,562 square feet and a building size of over 11,500 square feet. This property offers its tenants charming large floorplans, exclusive balconies, an expansive rooftop deck, on-site parking, in-unit laundry, and much more. This marking the first time the original ownership is listing this property for sale, 1824 Fairburn Avenue embodies meticulous management and pristine conditions. This investment opportunity is well suited to provide investors with healthy returns and long-term appreciation potential. Much opportunity lies in this property; including the possibility of converting the leasing office into an additional residential unit, through the state's favorable Attached Accessory Dwelling Unit (ADU) Program - Permits have been submitted by current ownership and are close to RTI status.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 9

Building

Story 3

New Construction No

Others

Senior Community No

Tax ID 4317003008

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sean Rosenzweig Marcus & Millichap
Bought with Sean Rosenzweig Marcus & Millichap
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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