Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

7,622 sqft

Lot size

6,662 sqft

Year built

1964

Stories

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

8

MLS #

247966320

About this property

1st time on the market in over 48 years! 1432 N Fairfax Ave is an excellent multifamily investment opportunity. A+ location near Sunset Blvd and Fairfax Blvd, offering an attractive unit mix of 1- and 2-bedroom layouts averaging approximately 953 SF each and approximately 21% rental upside. Property features common laundry facilities, 8 parking spaces, new main electrical and subpanels, completed seismic retrofit and gas shut-off valves, completed SB 721 balcony inspection, new camera security system, and separate gas and electric metering. Situated on a large 6,660 SF lot zoned LAR2. Buyer to verify all information.

Location

1432 N Fairfax Avenue

Los Angeles, Los Angeles, CA, 90046