1118 S Fairfax Avenue, Los Angeles, CA 90019 (MLS # PW25197767)

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PRICE $3,600,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 13,091 sqft
LOT SIZE 11,609 sqft
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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.

DAYS ON MARKET 11 LAST UPDATED 9/3/2025
YEAR BUILT 1955 COMMUNITY C16 - Mid Los Angeles
GARAGE SPACES 10.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C16 - Mid Los Angeles
GARAGE Yes
LOT 0.2665 acre(s)
PARKING Attached Carport
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Greysteel California, Inc.

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