1432 N Fairfax Avenue

Los Angeles, CA 90046

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.

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.

Features and Additional Information

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$2,275,000 Active
7,622 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Lyon Stahl Investment Real Estate, Inc.
1-310-425-9838
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Area Information

C20 Hollywood | Los Angeles County |

$ 2,275,000
This listing is play_arrow 333.3% higher than the average in the area
$ 525,000 in the area
7,622 SqFt
This listing is play_arrow 628.0% larger than the average in the area
1,047 SqFt in the area
$ 298 $/SqFt
This listing is play_arrow 40.5% less than the average in the area
$ 501 $/SqFt in the area
13 days on site
This listing is play_arrow 93.1% below the average in the area
188 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Jordan Asheghian
Brokerage: Lyon Stahl Investment Real Estate, Inc.

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