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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Echo Park / Fairbanks Pl
Fairbanks Pl Echo Park, CA 90026 Fairbanks Pl Echo Park, CA 90026 Fairbanks Pl Echo Park, CA 90026 Fairbanks Pl Echo Park, CA 90026 Fairbanks Pl Echo Park, CA 90026 Fairbanks Pl Echo Park, CA 90026 View All Photos

$395,000

| Active

Fairbanks Pl

Echo Park, CA 90026

0.14
Acres
14
Days on Market
AR26184590
MLS#
Land
Structure
Residential
Zone
Contact
Listing OfficeColdwell Banker Envision

Rare opportunity in the desirable Echo Park/Westlake area, conveniently located near Downtown Los Angeles and Dodger Stadium, with easy access to the 101, 10, 5, and 110 freeways. The property is ideally situated near shopping, dining, entertainment, public transportation, and major employment centers. 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

Property Details
Lot Features
Zero To One Unit Acre
Lot Description
Zero To One Unit Acre
Acres
0.142
Lot Size (sqft)
6178.0
Property Type
Purchase
Utility Source
Public
Community Features
Sidewalks
County
Los Angeles
Region
Echo Park
Original List Price
$395,000
Days on Market (Cumulative)
14
HOA Fees
0.0
MLS #
AR26184590
Property Subtype
Land
Parcel Number
5419024006
MLS #
AR26184590
Date Listed
August 24, 2026
Address
Fairbanks Pl
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Margaret Sun (#A35014)
Listing Office: Coldwell Banker Envision (#31473)

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