1229 N Fairfax AVE, West Hollywood, CA 90046
1229 N Fairfax AVE, West Hollywood, CA 90046
1229 N Fairfax AVE, West Hollywood, CA 90046
1229 N Fairfax AVE, West Hollywood, CA 90046
1229 N Fairfax AVE, West Hollywood, CA 90046
1229 N Fairfax AVE, West Hollywood, CA 90046
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Shiv Patel

Shiv Patel

+1(949) 565-2691
$ 4,500,000
Est. payment | /mo

18 Beds

22 Baths

10,228 SqFt

Save Virtual Tour
$ 4,500,000
Est. payment | /mo
Save Virtual Tour

18 Beds

22 Baths

10,228 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,228 sqft

Price per Sqft $439

MLS Listing ID 26662067

Bedrooms 18

HOA Y/N No

Year Built 1923

Lot Size 0.483 Acres

Property 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.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5554012011

Special Listing Condition Standard

Virtual Tour https://drive.google.com/drive/folders/1MnEDAeDdwWn9wYTTs0ZSCmrCuFpDiZ5b?usp=drive_link

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Listed by David Miller Miller & Desatnik Realty Co. #02105346

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Shiv Patel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 565-2691

shiv@realestatewithshiv.com

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1229 N Fairfax AVE

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