858-525-5007

1229 Fairfax, West Hollywood CA 90046 | $4,500,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 21029 Lot Sq Ft
  • Type:
  • Stories: 1
  • Year Built: 1923
  • MLS#: 26662067
  • Community: C10 - West Hollywood Vicinity

Listing provided courtesy of David Miller of Miller & Desatnik Realty Co.. Last updated 2026-06-25 08:11:41.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.48 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985