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10-Unit Apartment Building

1545 S Fairfax, Los Angeles, CA 90019

For Sale
$6,800,000

Four-story construction pairs varied residential layouts with subterranean parking.

Property Size10,785 SF
Price / SF$630.51
Days on Market122

Property Features for 1545 S Fairfax

General Information

Standard status Active
Size 10,785 SF
Total Parking Spaces 17
Property subtype Apartment

Site & Location

Neighborhood Mid-City
Public Transit Yes

Units

Unit Mix 2 x 3BR/3BA townhome-style, 6 x 3BR/2BA, 1 x 2BR/2BA, 1 x 3BR/2BA affordable housing
Multifamily Units 10

Building Details

Building Size 10,785 SF
Year Built 2019
Stories 4
Listing Agency: Burts & Associates
Listed By: Cynthia Burts · License #01134271
Source: Homesbyclearway
Added: Jul 10 Changed: Nov 8 Last Checked: Nov 7 at 3:02PM

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 Burts & Associates

Rey
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Investment Insights

Based on property information with market context.

Built in 2019, this four-story apartment property contains 10 residences and 17 subterranean parking spaces. The unit mix includes two three-bedroom, three-bath townhome-style homes, six three-bedroom, two-bath units, one two-bedroom, two-bath unit, and one designated affordable three-bedroom, two-bath residence. The original builder’s warranty remains in place through 2029 for qualifying construction defects, including issues involving the roof structure, plumbing, and electrical systems.

The property is on South Fairfax Avenue in Los Angeles, with access to The Grove, Original Farmers Market, LACMA, Cedars-Sinai Medical Center, UCLA, and the Wilshire/Fairfax Metro D Line station. The stated nearby destinations also include Beverly Hills, Century City, Culver City, West Hollywood, and Downtown Los Angeles.

Key Highlights

  • 10 residences in a four‑story building constructed in 2019
  • 17 subterranean parking spaces
  • Two three‑bedroom/three‑bath townhome‑style units and six three‑bedroom/two‑bath units

Property Analytics

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Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,895
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

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four-story construction pairs varied residential layouts with subterranean parking.
Where is this apartment building located?
The property is located at 1545 S Fairfax Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 10 residences in a four‑story building constructed in 2019; 17 subterranean parking spaces; Two three‑bedroom/three‑bath townhome‑style units and six three‑bedroom/two‑bath units
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