$4,500,000
1229 N Fairfax Avenue, West Hollywood CA 90046
Multi-Family (22 Units)
Property type
88 days
On market
$440
Price per sqft
N/A
Garage
1923
Year built
21,029 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: David Miller DRE #02105346 323-948-7507, Miller & Desatnik Realty Co., Errol Spiro DRE #00893163 310-202-9166, Miller & Desatnik Realty Co.
Listing updated: Mar 17, 2026 at 07:19am.
Last checked: Jun 5, 2026 at 02:00am
Source: CRMLS #26662067
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $1,306 | $1,306 | $1,595 | Unfurnished |
| 18 | 1 | 1 | — | $1,370 | $1,370 | $1,695 | Unfurnished |
# of Buildings: 12
# of Units Total: 22
Refrigerator: 22
Financial Snapshot
Gross Rent Multiplier
12.5x
List Price / Annual Gross Rent
Cap Rate
4.24%
NOI / List Price
Net Operating Income: $190,720
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 1
Levels: One
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5554012011
Zoning: WDR4*
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1229 N Fairfax Avenue, West Hollywood, CA 90046. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,600,000
Total Interest
$4,591,602
Total Payment
$8,191,602
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,592
per month
Property History for 1229 N Fairfax Avenue
West Hollywood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90046.
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