1550 - 1556 S Fairfax Avenue
West LA Adjacent, Los Angeles, CA 90019
Sale Price
$4,750,000
Property Type
Land
Property Description
30 Unit RTI Development Deal near West LA. Zoned LAR3 on two continuous lots totaling 13,700 SF, the project consists of a unit mix of 8 one-bedrooms, 8 two-bedrooms, and 14 three-bedroom units and 56 parking stalls using TOC incentives. Close proximity to freeways, supermarkets, shopping centers and much more. The neighborhood is going through a revitalization with many new developments in the area. The project is priced to sell quick. Properties to be delivered vacant at the close of escrow. Currently occupied, please do not disturb tenants.
Property Specifics
Property Type:
Land
MLS ID:
a0U4U00000DQdyJUAT
Source Status:
Active
Location & Transportation
Other Property Information
Summary
General Information
- Year Built:
2023
- Architectural Style:
Contemporary
- New Construction:
Yes
Interior and Exterior Features
Structure
- Building Features:
Fully RTI Permits, 30 Unit Development, 56 Parking Stalls, Convenient Location, Delivered Vacant at COE
Estimated Monthly Payments
Monthly Total
$22,783
Monthly Taxes
N/A
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$22,783
Monthly Charges
$0
Total Monthly Payment
$22,783
Calculation based on:
Price:
$4,750,000
Charges:
$0
* Additional charges may apply
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