1229 N Fairfax Avenue
West Hollywood, CA 90046
18
Bed
0
Bath
10,228Sqft
21,029Sqft(Lot)
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). Th
Property Details
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Map
What's Nearby
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Features
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Bedroom Information
Total Bedrooms: 18Bathroom Information
Total Baths: 22 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Refrigerator -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1923 Building Area Total: 10,228
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4828 -
Lot Size Source: Assessor Lot Size Square Feet: 21029
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Listing Price Information
Original List Price: 4,500,000 Listing Contract Date: 2026-03-09 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5554012011
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C10 - West Hollywood Vicinity Postal Code Plus 4: 5205 Directions: North of Santa Monica Blvd. Zoning: WDR4* Source Property Type: Residential Income Area: C10 - West Hollywood Vicinity -
Building and Construction
Property Age: 103 Year Built Source: Assessor Total Square Feet Living: 10228 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7154 Lexington Avenue, West Hollywood, CA, 90046 | $1,325,000 | 5 | -- | 2,104 | 2,104 SqFt |
| 1218 Poinsettia Drive, West Hollywood, CA, 90046 | $1,095,000 | 2 | -- | 1,782 | 1,782 SqFt |
| 1143 Poinsettia Drive, West Hollywood, CA, 90046 | $1,480,000 | 4 | -- | 2,223 | 2,223 SqFt |
| 1113 Poinsettia Drive, Los Angeles, CA, 90046 | $1,195,000 | 2 | -- | 1,752 | 1,752 SqFt |
| 1016 N Martel Avenue, West Hollywood, CA, 90046 | $12,900,000 | 31 | -- | 17,024 | 17,024 SqFt |
| 1035 N Vista Street, West Hollywood, CA, 90046 | $1,690,000 | 3 | 1 | 1,427 | 1,427 SqFt |
| 1015 N Vista Street, West Hollywood, CA, 90046 | $3,250,000 | 12 | -- | 8,094 | 8,094 SqFt |
| 900 N Gardner Street, West Hollywood, CA, 90046 | $1,795,000 | 3 | -- | 2,666 | 2,666 SqFt |
| 7733 Lexington Avenue, West Hollywood, CA, 90046 | $1,895,000 | 3 | 3 | 1,688 | 1,688 SqFt |
| 1233 N Genesee Avenue, West Hollywood, CA, 90046 | $1,785,000 | 3 | -- | 1,798 | 1,798 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 09:29
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