1229 N Fairfax Avenue, West Hollywood, CA 90046

West Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1229 N Fairfax Avenue,West Hollywood, CA 90046
$4,500,000
Virtual Tour
  • 18 Beds
  • 22 Baths
  • 10,228 sq. ft.
  • Multi-family
  • Active
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26662067
Source:CRMLS

Price summary

  • Price:$4,500,000
  • Price per sq. ft.:$439.97

About this home

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...

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Home facts

  • Year built:1923
  • Listing ID #:26662067
  • Added:46 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:22
  • Kitchen Description:Refrigerator
  • Living area:10,228 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:10,228 sq. ft.
  • Lot area:0.48 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$439.97
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