Link Copied
Listed price in listed location currency (USD).
$4,500,000

18220

MLS® 26662067

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 10228 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1923
Avg. Price Per Sqft $439
MLS® Number 26662067

Property Address: 1229 N Fairfax Ave, West Hollywood, CA, 90046-5205

Average square foot calculated using Size range provided by listing agent.

Description

12271237 Fairfax Avenue presents a 22-unit multifamily investment opportunity featuring a prominent 1920s-character building with strong street presence and architectural pedigree. Located in a highly desirable, high-demand rental corridor, the asset combines historic charm with meaningful repositioning potential. The property generates solid in-place income at a 12.55 GRM and 4.24% cap rate, equating to approximately $204, 545 per unit and $437 per square foot. Significant upside exists through a strategic renovation program designed to enhance interior finishes while preserving the building's vintage character. Situated on a large 21, 029-square-foot lot, the property offers additional potential for ADUs and/or the addition of parking in the expansive rear open space (buyer to verify). The oversized parcel further enhances long-term value and optionality. 1227-1237 Fairfax Avenue presents a classic value-add opportunity with substantial rental upside in one of Los Angeles' most sought-after submarkets.
MLS® Number26662067
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1923
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$4,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1229 N Fairfax Ave, West Hollywood, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties