1414 Fairbanks
Los Angeles, CA, 90026
(No pictures available yet)
$725,000
MLS: PW26085075
Beds
2
Baths
1
Sq Ft
888
Lot
0.07 ac
Year Built
1921
MLS #
PW26085075
Days on Market
7
Listed
Apr 30, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90026
Open on Google Maps ↗Listed by: Jose Reyes · Jose A. Reyes, Broker
Payment estimate
$5,456
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500
- Principal & Interest
- $4,129
- Property tax (1.25%)
- $755
- Homeowners insurance
- $300
- Mortgage insurance
- $272
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $25,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90026 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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