About this home

High-Income Fairfax Triplex with TOC Tier 3 Development Upside: Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location.

Facts and features

Schools

• Fairfax Senior High School

  high · 9-12 · 0.8 mi

  5

• Laurel Elementary School

  elementary · K-8 · 1.1 mi

  8

• Bnos Devorah High School

  high · 9-11 · 0.2 mi

• Yeshiva Rav Isacsohn/Torath Em

  elementary · K-8 · 0.3 mi

• Yeshova Rav Isacson School

  elementary · K-8 · 0.3 mi

• Melrose Elementary School

  elementary · K-5 · 0.4 mi

  9

Price history

• May 28, 2026 · Listed$2,200,000
• Dec 29, 2025 · Listing Removed$4,795
• Dec 7, 2025 · Listed For Rent$4,795
• Aug 8, 2025 · Listing Removed$4,295
• Aug 3, 2025 · Listed For Rent$4,295
• Jul 20, 2025 · Listing Removed—
• Jul 6, 2025 · Listed For Rent$4,500
• Jul 27, 2001 · Sold$550,000

Tax history

• 2025$11,086 tax · $1,676,028 assessed
• 2024$10,937 tax · $886,362 assessed
• 2023$10,734 tax · $851,946 assessed
• 2022$10,166 tax · $835,242 assessed
• 2021$10,029 tax · $818,865 assessed
• 2020$10,127 tax · $810,469 assessed
• 2019$9,734 tax · $794,579 assessed
• 2018$9,609 tax · $779,000 assessed

Home value

$2,178,000

• Collateral Analytics$2,178,000
• Quantarium$2,072,592

Where it is