Est. cap rate

3.1%

Assumed rent, all units

$7,280/mo

Units

4

Price per unit

$349,750

Est. annual NOI

$43,680

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,800 sqft

Lot size

5,005 sqft

Year built

1908

Stories

2

Garage spaces

0

Heating

Ductless

Pool

None

Status

Active

Days on market

233

MLS #

241522140

About this property

This property is part of a portfolio that is available for purchase via online auction at FRE.com/580W. Please visit to learn more. Welcome to 606–608 Fairview Avenue, a rare opportunity to own a fully modernized duplex with two newly constructed ADUs in the heart of Boyle Heights. Thoughtfully designed with contemporary finishes and unmatched functionality, this exceptional four-unit offering blends luxury, practicality, and long-term investment value in one of LA’s most promising neighborhoods. Modern Design & High-End Finishes Step into open, light-filled interiors featuring bright white walls, premium engineered hardwood flooring, and oversized windows that bathe the space in natural light. Each unit is outfitted with full kitchens that include quartz countertops, sleek white cabinetry with gold hardware, and open floating wood shelving for a clean yet warm aesthetic. Bathrooms are appointed with floating vanities, glass- enclosed showers, and large tile floors for a modern spa-inspired feel. Designed for today’s lifestyle, each unit features in-unit washers and dryers, high-efficiency forced air heating, and ductless mini-split air conditioning systems that provide both climate control and energy savings. All kitchens include a complete appliance package with dishwashers, ovens, ranges, and full-size refrigerators. These well-appointed interiors are move-in ready and built to attract high-quality tenants. Exterior Appeal With clean white stucco siding, matte black modern windows, and custom metal railings, the property offers a strong architectural presence. The grounds have been enhanced with newly installed turf landscaping, a modern paver driveway, and well-lit walkways. Elevated decks and spacious side yards add to the charm and livability of the outdoor spaces. Newly Constructed ADUs Located at the rear of the property, two brand-new stacked ADUs mirror the quality and sophistication of the front duplex. With private entrances, elevated front patios, full kitchens, and stylish bathrooms, these units are turnkey investments. Their placement and design offer privacy and flexibility—ideal for renters or extended families.

Location

606 Fairview

Los Angeles, Los Angeles, CA, 90033