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1545 S Fairfax, Los Angeles
$7,300,000
SR26150926 MLS ⋅ Active Status
MAJOR PRICE REDUCTION - MOTIVATED SELLER - SUBMIT OFFERS. We are proud to present 1545 S. Fairfax Avenue, a rare opportunity to acquire a 2019-constructed, 10-unit multifamily apartment community in the highly desirable Fairfax District of Los Angeles. This contemporary four-story property features 17 subterranean parking spaces, modern construction, quality finishes, low near-term capital expenditure requirements, and the added benefit of an assumable $3,000,000 loan at a 3.90% fixed interest rate through 2029, providing attractive in-place financing. The property offers an outstanding unit mix of (2) three-bedroom/three-bathroom townhome-style units, (6) three-bedroom/two-bathroom units, (1) two-bedroom/two-bathroom unit, and (1) designated three-bedroom/two-bathroom affordable housing unit. The spacious floor plans support strong tenant demand and stable occupancy, while the original builder's warranty remains in effect through 2029, covering qualifying construction-related defects, including the roof structure, plumbing, and electrical systems. Ideally located just minutes from The Grove, Original Farmers Market, LACMA, Cedars-Sinai Medical Center, UCLA, and the Metro D (Purple) Line Wilshire/Fairfax Station, the property provides convenient access to Beverly Hills, Century City, Culver City, West Hollywood, and Downtown Los Angeles. Combining modern construction, attractive assumable financing, stable in-place income, and an irreplaceable infill location, 1545 S. Fairfax Avenue represents a rare opportunity to acquire a newer-generation multifamily asset in one of Southern California's most sought-after investment markets.

1545 S Fairfax, Los Angeles

1449 S Point View Street, Los Angeles
$3,350,000
WS25246518 MLS ⋅ Active Status
We are pleased to present a nine (9) unit apartment building located at 1449 South Point View Street in Los Angeles, California. This meticulously maintained property is situated in a prime Pico/Fairfax location, south of West Pico Boulevard and west of South Fairfax Avenue near "The Grove". Built in 1965, this property contains a great unit mix of five (5) one-bedroom/one-bathroom units and four (4) two-bedroom/two-bathroom units. All units are within a 7,566 square foot (SF) building. This building includes an on-site laundry common area, and nine (9) covered parking spaces within the carport and tuck-under in the back. New paint, 4 units fully remodeled, retrofit completed in 2023. The tenants pay for electricity and gas, and the offering can deliver vacant any of the 4 remodeled units. Situated in a prime Pico/Fairfax location, this offering presents an excellent opportunity for any investor to capitalize leasing with rental upside potential and adding value in a gentrifying market adjacent to Beverly Hills.

1449 S Point View Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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