0 Fairbanks Pl
Echo Park, CA 90026
Listing broker / agent: Coldwell Banker Envision · Margaret Sun · 626-616-2380 · CRMLS
MLS # AR26184590 · Last checked Oct 20, 2026 07:42 UTC
About this property
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
- MLS number
- AR26184590
- Status
- Active
- Type
- Land
- Lot size
- 0.1418 acres
- County
- Los Angeles
More property detailsCollapse
Listing
- Days on market
- 39
Exterior & parking
- Lot features
- Zero To One Unit Acre
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Community features
- Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Ednovate - Brio College Prep (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.2 mi |
| Betty Plasencia Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.4 mi |
| Harold McAlister High (Opportunity) (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–12 | 0.4 mi |
| Camino Nuevo Charter Academy #4 (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.5 mi |
| Logan Academy of Global Ecology (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.5 mi |
| Alliance Ted K. Tajima High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.6 mi |
| Gabriella Charter (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 0.6 mi |
| Rosemont Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 2–5 | 0.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $395,000
- MLS-reported original asking price
- $395,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:47 | $395,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Echo Park
Active residential homes for sale in Echo Park, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
Not enough price-change observations yet. History starts when the upgraded importer records changes; no trend direction is assumed.
Calculated 2026-10-20 07:49 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗