1657 S Fairfax, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 2 bath
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Los Angeles, California 90019
This property represents a High-Potential Investment Opportunity, listed at a List Price of $1,450,000—positioned above the $1,244,418 Fair Market Value. While the property lacks immediate equity, its Condition Rating of 6 and 1926 construction highlight significant value-add potential through renovation. The 6,376 sqft lot and detached garage provide a prime canvas for ADU development, essential for maximizing rental yield in the Los Angeles Unified district. This asset is best suited for Buy-and-Hold Investors or Contractors focused on long-term capital appreciation and density expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1657 S Fairfax Subject | $1,450,000* List Price | 3 | 2 | 1,437 | $866 | - |
A 1653 S Orange Grove Avenue Sold | $1,380,000 | 3 | 2 | 1,810 | $762 | 0.1 mi |
B 1423 S Spaulding Avenue Sold | $1,305,000 | 3 | 2 | 1,765 | $739 | 0.4 mi |
C 1521 S Cloverdale Active | $1,250,000 List Price | 2 | 1 | 1,130 | $1,106 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1926 (98 years old) with no evidence of renovations, meeting the >50-year criteria for a tear-down. Exterior images show significant neglect, including rusted window bars, exposed hanging wires, and heavily overgrown landscaping, suggesting the listing is focused on land value and ADU development potential.
The property features a detached garage and a generous 6,376 sqft lot, offering significant potential for an Accessory Dwelling Unit (ADU) to increase property value or generate rental income.
Situated in the highly desirable Beverlywood Vicinity (C09), this location offers excellent proximity to major Los Angeles employment hubs, upscale dining, and shopping.
The 1926-built home provides a classic and accessible 3-bedroom, 2-bathroom floor plan, making it an ideal canvas for a modern renovation while maintaining its original character.
Given the 1926 construction date, the property likely requires updates to major systems such as electrical, plumbing, and HVAC to meet contemporary building codes and buyer expectations.
With a list price of $1.45 million for 1,437 square feet, the property commands a premium price point that may be challenging for buyers looking for immediate move-in value without further investment.
** Single Family Residence ** Single Story ** Detached Garage ** Features 3 Bedrooms and 2 Bathrooms ** Good Size Lot ** Detached Garage ** Potential to build an ADU **
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,437 | 1,672 |
| Lot Size | 6,376 | 6,067 |
| Price | $1.45M | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1926 | 1939 |
| HOA | $0 | $348 |
| Days on market | 19 | 56 |
Jul 3, 2026
$1,450,000
Initial Listing