Check Availability
$1,550,000
↓ $50K (3.1%)
Land - For Sale

1332 N Fairfax Ave

Los Angeles, CA 90046
bedrooms
Studio
bathrooms
0 Bath
$7,611
Estimated Monthly

About This Property

REDUCED!  We are proud to present for sale a development opportunity in Prime Los Angeles, across the street from West Hollywood.  Benefit from West Hollywood without the WeHo Building and Safety hassles.  The structure on the property has been demolished, leaving a site almost ready for a Double Duplex (utilizing SB9).  Build your units among some of the highest rental comparables in town!  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.  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!  1346 N. Fairfax Ave. three doors away is also available, with the same attributes and possibilities.
Unit Size
-
Days on Market
64 days
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1919
Last updated: 27 days ago (CLAWCA #351341)

Price History

Date / Event Date Event Price
Mar 2, 2024 Price Decreased $1,550,000
↓ $50K (3.1%)
Price Decreased
Jan 24, 2024 Listed by KELLER WILLIAMS BEVERLY HILLS REALTY $1,600,000
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY
Apr 26, 2023 No longer available -
No longer available
Mar 17, 2023 In contract -
In contract
Feb 15, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,550
  • Total Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT FETTERMAN HOLLYWOOD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FETTERMAN HOLLYWOOD TRACT (EX OF ST) LOT/SEC 18

Ownership

  • Current Owner : TAYLOR EQUITIES 29 LLC
  • Previous Owner : RUBIN MAYA
  • Owner Before Previous Owner: STUDT DONALD E TR DONALD E STUDT TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189801

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-F4
  • Parcel: 5551-027-006
  • Lot: 18
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0954
  • Longitude: -118.361

    Address

  • Full Address: 1332 N Fairfax Ave
  • Address - House Number: 1332
  • Street Direction: N
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: West Hollywood
  • Carrier Code: C075
  • 4-Digit Zip Code: 4713
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,665
  • Tax Rate Code Area: 00-324

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 73
  • Final Value: 1,379,764
  • High Value: 1,654,758
  • Low Value: 1,104,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,348,000
  • First Open Lien Mortgage Lender: LONE OAK FUND LLC
  • First Open Lien Mortgage Recording Date: Apr 25, 2023
  • First Open Lien Mortgage Loan Amount: $1,348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 25, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,131
  • Assessed Land Value: $305,714
  • Assessed Improvements Value: $76,417

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Transaction ID: 11905552823
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 264527
  • Previous Sale Recording Date: Dec 04, 1997
  • Previous Sale Contract Date: Nov 19, 1997
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONE OAK FUND LLC
  • First Mortgage Transaction Date: Apr 25, 2023
  • First Mortgage Loan Amount: $1,348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$1,600,000 Jan 24, 2024
-
-
Other
Loft
-
1,798 ft²
$1,054/ft²
$1,895,000 Aug 2, 2023
-
-
Condo
2 Beds
2 Baths
1,570 ft²
$946/ft²
$1,485,000 Aug 3, 2023
-
$670/mo
Condo
2 Beds
2.5 Baths
1,660 ft²
$873/ft²
$1,450,000 Sep 28, 2023
-
$678/mo
Townhouse
2 Beds
2.5 Baths
1,830 ft²
$765/ft²
$1,399,900 Jan 19, 2024
-
$468/mo
Townhouse
2 Beds
2.5 Baths
2,320 ft²
$775/ft²
$1,799,000 Dec 4, 2023
-
$678/mo
Townhouse
3 Beds
1.5 Baths
1,490 ft²
$936/ft²
$1,395,000 Oct 13, 2023
-
$694/mo
Condo
2 Beds
2 Baths
1,060 ft²
$1,226/ft²
$1,300,000 Aug 29, 2023
-
$551/mo
Condo
2 Beds
3 Baths
1,532 ft²
$847/ft²
$1,298,000 Oct 25, 2023
-
$540/mo

About Central LA


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Frequently Asked Questions

When was property at 1332 North Fairfax Avenue built and last sold?
The property at 1332 North Fairfax Avenue was built in 1919 and last sold on Mar 27, 2023 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 1332 North Fairfax Avenue is $1,616,000.
What are some comparable homes to 1332 North Fairfax Avenue?
Homes that are comparable to 1332 North Fairfax Avenue include a land property at 1346 North Fairfax Avenue, a other property at 1233 North Genesee Avenue, a townhouse property at 1414 North Harper Avenue.

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