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Four-Unit Apartment Building with ADU
New
For Sale
$1,700,000

1433 S Fairfax Ave, Los Angeles, CA 90019

Multifamily property with a two-bedroom and one-bedroom unit mix plus approved accessory dwelling unit plans.

Property Size4,008 SF
Price / SF$424.15
Days on Market4

Property Features for 1433 S Fairfax Ave

General Information

Standard status Active
Size 4,008 SF
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Building Details

Building Size 4,008 SF
Year Built 1941
Buildings 1
Listing Agency: Wellman Realty Co.
Listed By: Wes Wellman · License #00467451
Source: Carolinakramer
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 12 at 7:38AM

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 Wellman Realty Co.

Investment Insights

Based on property information with market context.

Located at 1433 S Fairfax Ave in Los Angeles, this 4,008-square-foot multifamily property contains four apartment units: two one-bedroom residences and two two-bedroom residences. The building was constructed in 1941 and offers an established small-scale apartment configuration.

An 800-square-foot accessory dwelling unit has been approved for construction above the existing garages. The additional unit creates a defined expansion option within the current property improvements. The address is in Los Angeles, California 90019, with neighborhood shops, restaurants, cafes, parks, public transportation, major freeways, employment centers, entertainment, cultural attractions, and schools identified in the surrounding area.

Key Highlights

  • Four apartment units with two one‑bedroom and two two‑bedroom residences
  • 4,008 square feet of building area
  • 800‑square‑foot ADU approved above the existing garages

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Bar & Pub Pet Grooming Service Grocery & Convenience Store Butcher Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,244
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with a two-bedroom and one-bedroom unit mix plus approved accessory dwelling unit plans.
Where is this quadplex located?
The property is located at 1433 S Fairfax Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Four apartment units with two one‑bedroom and two two‑bedroom residences; 4,008 square feet of building area; 800‑square‑foot ADU approved above the existing garages
More about this property
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