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Los Angeles Two-Unit Development Opportunity
For Sale
Contact for pricing
Pending

3134 Fairmount, Los Angeles, CA 90063

Distressed two-unit property with ADU potential in Los Angeles.

Property SizeContact for details
Days on Market154

Property Features for 3134 Fairmount

General Information

Standard status Pending
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 2
Stories 1
Units 2
Listing Agency: GROW Detovi, Inc
Listed By: Josue Lopez · License #01357848
Source: Crexi
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 6:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GROW Detovi, Inc

Investment Insights

Based on property information with market context.

Located on Fairmount Street in Los Angeles, this property features two units presenting a development opportunity. The existing structure has fire damage, offering the potential for ground-up construction tailored to individual preferences and contemporary living standards. The City of Los Angeles permits the rebuild of the two units, along with the addition of two Accessory Dwelling Units (ADUs) and one Junior ADU.

Key Highlights

  • Opportunity to rebuild two units plus two ADUs and one Jr. ADU, significantly increasing property value and rental income potential.
  • Prime Los Angeles location on Fairmount St.
  • Value‑add potential through complete redesign and construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

851
Businesses Nearby

Demographics for 90063, CA

50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Distressed two-unit property with ADU potential in Los Angeles.
Where is this residential land & home lot located?
The property is located at 3134 Fairmount Los Angeles, CA.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Opportunity to rebuild two units plus two ADUs and one Jr. ADU, significantly increasing property value and rental income potential.; Prime Los Angeles location on Fairmount St.; Value‑add potential through complete redesign and construction.
(424) 251-4777 Call to check price and availability
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