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.
| MLS # | PW26085075 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 122 |
| Listing Provided By | Jose A. Reyes, Broker | Jose Reyes |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 888 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.07 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Separate Formal Dining Room, All Bedrooms Down |
| Appliances | Gas Oven |
| Fireplace Yes / No | No |
| Roof | Composition |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Fencing | Needs Repair |
| Garage Yes / No | No |
|---|
| Utilities | Electricity Connected, Natural Gas Available, Sewer Connected, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $725,000 low | high Med: $1,699,000 sqft: 888 low | high Med: 5,450 $ / sqft: $816 low | high Med: $312 On site: 122 low | high Med: 167 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $725,000 low | high Med: $1,699,000 sqft: 888 low | high Med: 5,450 $ / sqft: $816 low | high Med: $312 On site: 122 low | high Med: 167 | |