12-Unit Apartment Community with
1215 S Fairfax Ave Los Angeles, CA 90019
1215 S Fairfax Ave, Los Angeles, CA, 90019
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For Sale
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12-unit apartment community with completed plans to convert the garage into a six-unit, 1-bed/1-bath ADU structure.
Property Size8,578 SF
Lot Size0.19 Acres
Price / SF$303.10
Days on Market31
Property Features for 1215 S Fairfax Ave
General Information
- Standard status
- Active
- Size
- 8,578 SF
- Lot size
- 0.19 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1950
Listing agency
Lyon Stahl Investment Real Estate
(310) 259-7556
Listed by
Cameron Samimi · License #CA 02035763
Source
Crexi
Added: Jun 22 Updated: Jul 22 at 6:21PM Checked: Jul 22 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
The property consists of 12 apartment units totaling approximately 8,578 square feet on an 8,257 square foot LAR3-zoned lot. Ownership has completed plans for the conversion of the existing garage into a new two-story, six-unit ADU structure, with all units configured as 1-bedroom/1-bathroom layouts. The proposed project would increase the property from 12 units to 18 units and add approximately 2,730 square feet of rentable area. Buyer to verify all plans, permits, approvals, and development feasibility.
Located just south of Olympic Boulevard in the Fairfax District, the community is positioned for convenient access to Miracle Mile, Beverly Grove, Culver City, The Grove, LACMA, the Academy Museum, and the Wilshire Corridor’s employment and entertainment hubs, along with Downtown Los Angeles, Hollywood, and Beverly Hills.
For investors seeking a straightforward 12-unit basis with an already-conceptualized ADU expansion plan, 1215 S Fairfax Ave offers a defined path to increasing unit count through a garage conversion.
Located just south of Olympic Boulevard in the Fairfax District, the community is positioned for convenient access to Miracle Mile, Beverly Grove, Culver City, The Grove, LACMA, the Academy Museum, and the Wilshire Corridor’s employment and entertainment hubs, along with Downtown Los Angeles, Hollywood, and Beverly Hills.
For investors seeking a straightforward 12-unit basis with an already-conceptualized ADU expansion plan, 1215 S Fairfax Ave offers a defined path to increasing unit count through a garage conversion.
Key Highlights
- 12‑unit apartment community totaling approx. 8,578 SF, on an approx. 8,257 SF lot zoned LAR3
- Ownership has completed plans to convert the existing garage into a new two‑story six‑unit ADU, all 1‑bed/1‑bath
- ADU proposal would increase the property from 12 units to 18 units and add approx. 2,730 SF of rentable area
Property Analytics
Location Intelligence
Current Use by Public Records
1215 S. Fairfax ...
Apartment Building
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FAQs
What type of property is this?
Apartment building - 12-unit apartment community with completed plans to convert the garage into a six-unit, 1-bed/1-bath ADU structure.
Where is this apartment building located?
The property is located at 1215 S Fairfax Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 12‑unit apartment community totaling approx. 8,578 SF, on an approx. 8,257 SF lot zoned LAR3; Ownership has completed plans to convert the existing garage into a new two‑story six‑unit ADU, all 1‑bed/1‑bath; ADU proposal would increase the property from 12 units to 18 units and add approx. 2,730 SF of rentable area
