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18 Beds
22 Baths
10,228 sqft

$4,500,000

1229 N Fairfax Avenue, West Hollywood CA, 90046

Price per sqft$439.97
Built in1923
Property size10,228 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Mar 9, 2026

Updated 3 weeks ago

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.

$29,939/mo

Est. mortgage payment based on a $4,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26662067

Interior Features

Bedrooms
18
Bathrooms
22

Exterior Features

Lot Size
0.48 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Miller & Desatnik Realty Co., David Miller

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 12:16 PM UTC, 9/13/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 9/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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