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1229 N Fairfax Avenue, West Hollywood, CA 90046

West Hollywood
Local realty services provided by:CENTURY 21 Adams & Barnes
1229 N Fairfax Avenue,West Hollywood, CA 90046
$4,500,000
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  • 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:117 day(s) ago
  • Updated:July 05, 2026 at 10:59 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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