Desirable investment property in the booming Carthay Square area. Stellar location with a walk score of 89 and conveniently located a short drive to the trendy Pico/Robertson, Miracle Mile, and Mid- Wilshire communities. This traditional six (6) unit apartment building is comprised of six (6) one bedroom and one bath apartment homes with hardwood flooring. Two of the units have had modest updates over time. Excellent value add opportunity to increase rents through unit renovations. One unit to be delivered vacant at the close of escrow. There is a detached structure providing (5) garage parking spaces. Please do not disturb the tenants!
Off market
$1,711,800
1225 S Fairfax Ave, Los Angeles, CA 90019
6beds
6baths
4,302sqft
MultiFamily
Built in 1950
-- sqft lot
$1,711,800 Zestimate®
$398/sqft
$4,508 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Cooling
- None
Interior area
- Total interior livable area: 4,302 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached
Lot
- Size: 5,501 sqft
Details
- Additional structures: Other
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1950
Utilities & green energy
- Sewer: In Street
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- ListingStatus: Active
- PropertyType: Residential Income
- Sewer: In Street
- SourceLivingArea: Vendor Enhanced
- Style: Traditional
- Equipment: Other
- ParkingGarage: Garage, Detached
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Beverly Center-Miracle Mile
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111
- OtherStructures: Other
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Estimated market value
$1,711,800