
1501 S Fairfax Ave Los Angeles, CA 90019
Mid-City NeighborhoodEstimated payment $9,240/month
Highlights
- New Construction
- Solar Power System
- Contemporary Architecture
- Rooftop Deck
- Panoramic View
- Engineered Wood Flooring
About This Home
Last Home Available! Dream Home Lender Program Eligible- Contact for information. Experience elevated living in Faircrest Heights with these brand-new, architecturally stunning homes. Each residence features 2 main bedrooms on the top floor & 1 flex/office/guest room on the ground level-all ensuite, 3.5 luxurious bathrooms, and approximately 1,856 sq ft of thoughtfully designed space. Ideal for anyone who needs a home office. Enjoy the convenience of a private two-car garage with direct access, and indulge in designer finishes and curated details. Two homes offer larger front yards; the other two have smaller patio/yard areas- perfect for outdoor entertaining or serene relaxation. Soak in breathtaking panoramic views stretching from Downtown LA to Century City on the expansive rooftop decks. These homes are designed with style and sustainability, featuring a 2.05 kW solar system, drip irrigation, low-flow fixtures, a tankless water heater, a high-efficiency HVAC system, and LED lighting. All finishes are consistent throughout each home and feature white oak engineered hardwood floors, floor-to-ceiling pocket sliding doors, and 10'-4" ceilings in the living room. The gourmet kitchen has a large island, wine bar, custom cabinetry, cabinet-depth Bespoke refrigerator, Forno 6-burner chef's range with convection oven, drawer microwave, and dishwasher. These low-maintenance, no-HOA homes are ideally situated for easy access to Downtown LA and the Westside, offering the best of both worlds.
Listing Agent
Nourmand & Associates-HW License #01208924 Listed on: 08/23/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,252
Year Built
- Built in 2025 | New Construction
Lot Details
- 6,886 Sq Ft Lot
- Drip System Landscaping
- Sprinklers on Timer
- Property is zoned LAR3
Parking
- 2 Car Direct Access Garage
Property Views
- Panoramic
- Skyline
- Views of a landmark
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 1,856 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Tinted Windows
- Living Room
- Dining Area
- Engineered Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Laundry
- Laundry on upper level
- Gas Dryer Hookup
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Rooftop Deck
- Open Patio
Utilities
- Zoned Heating and Cooling
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5068-021-024
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $16,252 | $2,503,704 | $1,359,704 | $1,144,000 |
2024 | $16,252 | $1,333,044 | $1,333,044 | -- |
2023 | $15,938 | $1,306,906 | $1,306,906 | $0 |
2022 | $15,198 | $1,281,281 | $1,281,281 | $0 |
2021 | $15,251 | $1,256,158 | $730,569 | $525,589 |
2020 | $15,407 | $1,243,598 | $723,078 | $520,520 |
2019 | $14,799 | $1,219,220 | $708,900 | $510,320 |
2018 | $14,705 | $1,195,320 | $695,000 | $500,320 |
2016 | $8,915 | $715,751 | $406,100 | $309,651 |
2015 | $8,788 | $705,000 | $400,000 | $305,000 |
2014 | $9,550 | $750,000 | $600,000 | $150,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/23/2025 08/23/25 | For Sale | $1,450,000 | +21.3% | $781 / Sq Ft |
10/19/2017 10/19/17 | Sold | $1,195,000 | 0.0% | $630 / Sq Ft |
09/29/2017 09/29/17 | Pending | -- | -- | -- |
07/27/2017 07/27/17 | For Sale | $1,195,000 | +69.5% | $630 / Sq Ft |
07/31/2014 07/31/14 | Sold | $705,000 | +21.8% | $372 / Sq Ft |
06/11/2014 06/11/14 | Pending | -- | -- | -- |
06/05/2014 06/05/14 | For Sale | $579,000 | -- | $305 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | First American Title Co | |
Grant Deed | $1,195,000 | Fatco | |
Grant Deed | $705,000 | Chicago Title | |
Trustee Deed | $475,100 | None Available | |
Interfamily Deed Transfer | -- | First American Title Ins Co | |
Interfamily Deed Transfer | -- | -- | |
Gift Deed | -- | Benefit Title | |
Gift Deed | -- | Benefit Land Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,300,000 | New Conventional | |
Closed | $2,940,000 | Construction | |
Previous Owner | $383,000 | Unknown | |
Previous Owner | $540,000 | Balloon | |
Previous Owner | $31,952 | Credit Line Revolving | |
Previous Owner | $407,000 | Unknown | |
Previous Owner | $373,750 | Unknown | |
Previous Owner | $287,000 | Unknown | |
Previous Owner | $253,000 | Stand Alone First | |
Previous Owner | $227,500 | Stand Alone First | |
Previous Owner | $200,000 | Unknown | |
Previous Owner | $105,000 | No Value Available | |
Previous Owner | $80,000 | No Value Available |
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Source: The MLS
MLS Number: 25581897

APN: 5068-021-024
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