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    1241 N Fairfax Ave Los Angeles, CA 90046

    New
    For Sale
    $4,600,000

    MULTI_FAMILY - West Hollywood, CA

    Property size:
    10,378 SF
    Lot size:
    0.20 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1241 N Fairfax Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    WDR4*
    Rooms
    Bathroom 8, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 10, Bedroom 9, Bedroom 7, Bathroom 12, Bedroom 4, Bathroom 9, Bedroom 6, Bathroom 5, Bathroom 15, Bedroom 12, Bedroom 8, Bedroom 11, Bathroom 16, Bathroom 1, Bathroom 3, Bedroom 13, Bedroom 1, Bedroom 14, Bedroom 3, Bathroom 7, Bathroom 13, Bathroom 11, Bathroom 6, Bathroom 2, Bedroom 2, Bathroom 14
    Bedrooms
    14
    Bathrooms
    16
    APN
    5554-012-009
    Parking
    14
    Parking features
    Assigned
    Size
    10,378 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1958
    Floors in Building
    2
    Number of units
    14

    sotheby's international realty (323) 665-1700 x2360 [email protected]

    Listing agent Ian Brink (323) 665-1700 License #02035925

    Listing date Dec 12, 2025

    MLS# 25551707 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Hollywood Multifamily Investment Opportunity

    This 14-unit multifamily property is located in West Hollywood, California, between Santa Monica and Sunset Boulevards, near shopping, restaurants, and nightlife. Situated on an 8,700+ sq ft lot, this building features bright and spacious units with hardwood floors, updated kitchens, and modernized systems. Two units will be delivered vacant. The property includes off-street tuck-under and carport parking for all units, with additional storage for select units. All state and local mandated soft-story and other seismic retrofits, including elevated structure compliance, have been completed by the current owner. Additional upgrades include newer dual-pane windows, updated systems, new front awnings, and fresh exterior paint in 2023. The property is located in a strong rental market and is suitable for a 1031 exchange. The property size is 10,378 square feet and the lot size is approximately 0.1998 acres. The zoning is WDR4*.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FasTemps Employment Agency Vertueux Conscient LLC Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.361986
    Latitude
    34.093068

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    FAQs

    What type of property is this?
    Apartment building - Prime 14-unit building in West Hollywood near Santa Monica/Sunset.
    Where is this apartment building located?
    The property is located at 1241 N Fairfax Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: - Prime West Hollywood location near Santa Monica and Sunset Boulevards, shopping, restaurants, and nightlife.; - Two vacant units offer immediate additional income potential.; - All mandated seismic retrofits and elevated structure compliance completed.
    (323) 665-1700
    Request Owner's contact information
    1241 N Fairfax Ave Los Angeles, CA 90046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1241 N Fairfax Ave Los Angeles, CA 90046
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