1215 S Fairfax Los Angeles, CA ^$ 2,200,000

1215 S Fairfax

^$ 2,200,000

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Recently Listed

1215 S Fairfax

Los Angeles, CA, 90019

^$ 2,200,000

Bedrooms-- Baths1.0 Sq 8,578

Monthly Estimate*

^$ 15,195

Listed by Jay Fall, Keller Williams Palos Verdes, jaysfall1@gmail.com

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Multi-Family Home for sale in Los Angeles, CA

for $2,200,000 with 1 full bath. This 8,578 square foot home was built in 1950 on a lot size of 0.1896.

Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles’ Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple paths to income growth and value creation. Seller financing available; amount, rate and term are negotiable.

Multi-Family Active

Price

^$ 2,200,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1896

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PV26214348

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 8

Pool Features None

Year Built 1950

Property Subtype Apartment

Gross Income 201965

Community Features Curbs Urban

County Los Angeles

Net Operating Income 115754

Operating Expense 86212

Insurance Expense 7422

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions From Pico Boulevard head north on South Fairfax Avenue to 1215 S Fairfax Avenue.

City Los Angeles

Entry Location Front Gate

Senior Community Y/N false

Number Of Units Total 12

MLS Area C16 - Mid Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 8257

Listing Terms Cash Conventional Owner Will Carry

Property Attached Y/N true

Land Lease Y/N false

Fuel Expense 4751

Trash Expense 7777

Water Sewer Expense 15000

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 67

Property Sub Type Additional Apartment

Cap Rate 5.26

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Garden

Water Source Public

Total Parking 8

Lot Size Area 8257

Number of Buildings 1

Building Area Total 8578

Lot Size Acres 0.1896

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 12

* Excluded Features

List By

Jay Fall

Listing Agent

Keller Williams Palos Verdes

Broker

jaysfall1@gmail.com

Affordability Calculator

$15,195

Per Month

Monthly Principal & Interest: $15,195
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,922,377

Percent of Sale Price 13%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/2/2026	$2,200,000		Listed Price

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1215 S Fairfax, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,200,000 with 8,578 sqft and a lot size of 0.1896. 1215 S Fairfax has 1.0 baths and was built in 1950. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/2026. 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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1215 S Fairfax

Multi-Family Home for sale in Los Angeles, CA

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