1545 S Fairfax
Los Angeles, CA, 90019 $ 7,400,000
Baths2.0 Sq 12,665 Monthly Estimate*
$ 46,724
Listed by Burts & Associates
Studio for $7,400,000 with 2 full baths. This 12,665 square foot home was built in 2019 on a lot size of 0.1505.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 17
Pool Features None
Year Built 2019
View City Lights
Property Subtype Apartment
Gross Income 440472
Community Features Curbs Gutter(s) Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 286901
Operating Expense 153497
Insurance Expense 7599
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 5610
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Exit the 10 FWY North on Fairfax Avenue drive to 1545 S Fairfax Ave. the building is located on the West side of Fairfax Ave
City Los Angeles
Entry Location Front
Senior Community Y/N false
Number Of Units Total 10
MLS Area C09 - Beverlywood Vicinity
Lot Size Units Square Feet
Lot Size Square Feet 6554
Carport Spaces 17
Carport Y/N true
Listing Terms Cash Cash to Existing Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 12215
Fuel Expense 218
Trash Expense 9402
Water Sewer Expense 14086
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 106
Property Sub Type Additional Apartment
Taxes 90280
Cap Rate 3.88
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InteriorTotal Stories 4
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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ExteriorFencing Security
Parking Features Underground
Lot Features Rectangular Lot Sprinkler System
Water Source Public
Total Parking 34
Lot Size Area 6554
Number of Buildings 1
Building Area Total 12665
Lot Size Acres 0.1505
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded FeaturesList Bycynthiaburts11@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $46,724
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,861,591
Percent of Sale Price 75%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/10/2026 | $7,400,000 | | Listed Price |