Listing Courtesy of: CRMLS / Listed By: Margaret ZhaoHui Sun, Coldwell Banker Envision - Contact: 626-616-2380
0 Fairbanks Pl Echo Park, CA 90026
Active (7 Days)
$395,000 (USD)
6,178
SQFT
Description
MLS #:
AR26184590
AR26184590
Lot Size
6,178 SQFT
6,178 SQFT
Type
Land
Land
County
Los Angeles County
Los Angeles County
Listed By
Margaret ZhaoHui Sun, DRE #01278646 CA, Coldwell Banker Envision, Contact: 626-616-2380
Source
CRMLS
Last checked Aug 31 2026 at 1:22 PM GMT+0000
CRMLS
Last checked Aug 31 2026 at 1:22 PM GMT+0000
Bathroom Details
Utility Information
- Utilities: Water Source: Public
Additional Information: Envision | 626-616-2380
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {8/31/26 06:22} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
This offering presents an exceptional opportunity for investors and developers seeking an income-producing asset with significant additional development potential in a highly desirable and centrally located Los Angeles market.
Vacant Lot 1: APN 5419-024-005 | Approx. 6,178 SF | $395,000
Vacant Lot 2: APN 5419-024-006 | Approx. 6,165 SF | $395,000
Vacant Lots Total: Approx. 12,343 SF
Access: Vacant lots are accessed via Fairbanks Place
The two adjacent vacant lots (APNs 5419-024-006 & 5419-024-005) may be purchased together with the rear portion of 1427 Laveta Ter, creating a substantial development opportunity.
Existing 6-Unit Property:
• Building Size: Approx. 6,546 SF
• Existing Lot Size: Approx. 10,260 SF
• Combined Land Opportunity: Approx. 22,603 SF
• Asking Price: $1.299M (6 units) + $395K(vacant lot) + $395K (vacant lot)
Investor & Developer Opportunity: Income-producing 6-unit property combined with two adjacent vacant lots, offering potential for future development and long-term value creation. Excellent central Los Angeles location with convenient freeway access and proximity to Downtown LA and Dodger Stadium.
Buyer to independently verify all property information, zoning, development potential, lot dimensions, access, and allowable uses with the appropriate agencies. Seller needs to do 1031 Exchange at no cost to the Buyer