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

Studio Baths0.0 Sq 10,228

Monthly Estimate*

^$ 28,413

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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.

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

Sewer None

Heating Wall Furnace

Zoning WDR4*

Year Built 1923

Levels One

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City West Hollywood

Senior Community Y/N false

MLS Area C10 - West Hollywood Vicinity

Lot Size Units Square Feet

Lot Size Square Feet 21029

Virtual Tour https://drive.google.com/drive/folders/1MnEDAeDdwWn9wYTTs0ZSCmrCuFpDiZ5b?usp=drive_link

Standard Status Active

Year Built Source Assessor

Interior

Total Stories 1

Heating Y/N true

Total Baths 0

Exterior

Lot Size Area 21029

Building Area Total 10228

Lot Size Acres 0.48

* Excluded Features

List By

David Miller

Listing Agent

Miller & Desatnik Realty Co.

Broker

davemiller@mdrealtycorp.com

Affordability Calculator

$28,413

Per Month

Monthly Principal & Interest: $28,413
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in West Hollywood, CA

Average List Price ^$3,769,971

Percent of Sale Price 16%

About West Hollywood, CA

35,971 Population

1% Since 2002

^$69,697 Median Income

43.33 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
3/17/2026	$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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/17/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1229 North Fairfax Avenue

Multi-Family Home for sale in West Hollywood, CA

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