1824 Fairburn Ave

Los Angeles, CA, 90025

$5,250,000

$452 per ft²
$5,250,000
$452 per ft²
Pending
Pending
 - For Sale
beds
16 Beds
baths
17 Baths
carpenters-square
11,593 ft²
property_type
Multi-family
calendar
Built 1966
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.
MLS® ID:
22-181808
Listed:
7/21/22
Updated:
10/6/22
Campbell Wellman Properties
Campbell Wellman Team

Interior Features

Total Bedrooms
16
Total Bathrooms
17
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
7,562 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Covered Parking
Parking Total
9.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LAR3

Property History

Date
Event
Price
Value
9/27/22
Pending
-
-
8/19/22
Price Change
$5,250,000
-3%

 

Courtesy of Marcus & Millichap, Sean Rosenzweig,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Campbell Wellman Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/6/22

Campbell Wellman Properties
Campbell Wellman Team
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