$725,000
Prime 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.
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Listed by Jose Reyes with Jose A. Reyes, Broker (562) 326-2127
Property Type
Single Family Residence
Status
Active
MLS Number
PW26085075
Year Built
1921
Lot Size
2,940 sq ft