CA > Los Angeles
Los Angeles, CA 90019,1118 S Fairfax AVE
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Los Angeles, CA 90019,1118 S Fairfax AVE
Los Angeles, CA 90019,1118 S Fairfax AVE
Los Angeles, CA 90019,1118 S Fairfax AVE
Los Angeles, CA 90019,1118 S Fairfax AVE
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Frances Mouser Moon

Frances Mouser Moon

+1(760) 273-5315
$ 3,600,000
Est. payment /mo
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1118 S Fairfax AVE Los Angeles, CA 90019

0.27 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25197767

HOA Y/N No

Year Built 1955

Lot Size 0.266 Acres

Property Sub-Type Mixed Use

Property Description

Presenting a rare opportunity to acquire a well-maintained 16-unit multifamily property prominently located along one of LA's iconic North/South avenues. Offered at an 11.3x GRM, 1118 S. Fairfax features a diverse and attractive unit mix of 3 studios, 7 one-bedrooms, and 6 two-bedrooms with upside in rents close to 40% from current to market. The property is ideally positioned in the high-demand Carthay Square/Wilshire Vista area, where residents benefit from excellent connectivity to major employment hubs and close proximity to renowned dining, retail, and cultural destinations - making this a prime investment in one of LA's most dynamic rental submarkets. 1118 S. Fairfax will be delivered with two (2) renovated one-bedroom vacant units which are ready for immediate occupancy - or additional value-add improvements. The mandatory soft-story seismic retrofit has been completed.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR4

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Attached Carport

Garage Spaces 10.0

Carport Spaces 10

Garage Description 10.0

Pool None

Community Features Urban

Total Parking Spaces 20

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5086005037

Energy Description 3835.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Everett Wong Greysteel California, Inc. 310-382-6705
agent

Frances Mouser Moon

Team Leader | License ID: 01309623

+1(760) 273-5315

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1118 S Fairfax AVE

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