1229 North Fairfax Avenue West Hollywood, CA $ 4,500,000
1229 North Fairfax Avenue
$ 4,500,000
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1229 North Fairfax Avenue

West Hollywood, CA, 90046
$ 4,500,000
Baths0.0 Sq 10,228

Monthly Estimate*

$ 27,707

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View a Virtual Tour
Studio

Multi-Family Home for sale in West Hollywood, CA

for $4,500,000. This 10,228 square foot home was built in 1923 on a lot size of 0.48.

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 sought-after submarkets.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.48

Year Built

1923

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

0026662067

Features
General
Living Area 10228.0
Sewer None
Heating Wall Furnace
Zoning WDR4*
Year Built 1923
Levels One
County Los Angeles
Net Operating Income 190720.0
New Construction No
Property Type C
HOA No
Status Active
City West Hollywood
Senior Community Y/N No
MLS Area C10 - West Hollywood Vicinity
Lot Size Units Square Feet
Lot Size Square Feet 21029.0
Virtual Tour https://drive.google.com/drive/folders/1MnEDAeDdwWn9wYTTs0ZSCmrCuFpDiZ5b?usp=drive_link
Standard Status Active
Year Built Source Assessor
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Interior
Kitchen Appliances Refrigerator
Total Stories 1
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Size Area 21029.0
Pool Y/N? Yes
Building Area Total 10228.0
Lot Size Acres 0.48
Land Lease Type Fee
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* Excluded Features
List By
David Miller

Listing Agent

Miller & Desatnik Realty Co.

Broker

Affordability Calculator

$27,707
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,707
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$4,500,000 Listed Price

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1229 North Fairfax Avenue, West Hollywood, CA, 90046 is a Multi-Family Home for sale at $4,500,000 with 10,228 sqft and a lot size of 0.48. 1229 North Fairfax Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90046 which is in West Hollywood, CA