Overview
- 18
- 22
- 10228
- 1923
Description
1227-1237 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.
Address
Open on Google Maps- Address Fairfax
- City West Hollywood
- State/county Los Angeles
- Zip/Postal Code 90046
Details
Updated on March 17, 2026 at 10:07 am- Property ID: HZ26662067
- Price: $4,500,000
- Property Size: 10228 Sq Ft
- Bedrooms: 18
- Bathrooms: 22
- Year Built: 1923
- Property Status: ResidentialIncome
- Listed by: David Miller
- DRE #: 02105346
- Contact Mail: davemiller@mdrealtycorp.com
- Brokered by: Miller & Desatnik Realty Co.
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