$725,000
Los Angeles, CA 90026
2
Beds
1
Baths
888
Sq. Ft.
1921
Year Built
Los Angeles
County
SingleFamilyResidence
Property Type
Prime Elysian Heights Echo Park Opportunity with LAC2 Zoning Views, Location, and Upside Perched above Sunset Boulevard in the heart of Echo Park, 1414 Fairbanks Place commands sweeping views of the Hollywood Sign, Griffith Observatory, downtown Los Angeles, and the surrounding hills. This is one of those rare hillside positions where location and perspective do the heavy lifting. What truly sets this property apart is its LAC2 zoning a flexible designation that opens the door to a wide range of commercial, residential, and mixed use possibilities (buyer to verify). Whether you’re envisioning an income producing asset, a live/work concept, or a redevelopment play aligned with the evolving Sunset corridor, this zoning creates a strategic advantage in a supply constrained area. For those looking to take a more measured approach, the existing structure offers the option to renovate, reposition, and capitalize on the property’s inherent character and view driven appeal. There’s a clear path here for both long term holds and value add strategies. Surrounded by Echo Park’s vibrant mix of restaurants, cafes, retail, and nightlife and just minutes from downtown Los Angeles and major transit lines this location continues to benefit from strong demand and ongoing neighborhood growth. This is not just a property it’s a positioning opportunity. Buyer to independently verify all zoning regulations, permitted uses, development potential, and property condition with the City of Los Angeles. Property is being sold as-is.
$3,859/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.