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Two-Unit Residential Income Property
For Sale
$1,299,000

2740 Fairmount, Los Angeles, CA 90033

Two units on one lot, including a newer rear unit with separation from the front home.

Property Size2,800 SF
Days on Market237

Property Features for 2740 Fairmount

General Information

Standard status Active
Size 2,800 SF
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Building Size 2,800 SF
Year Built 1913
Listing Agency: COMPLETE HOME REALTY
Listed By: Luis Cortez · License #01858363
Source: Milsteinestates
Added: Feb 27 Changed: Oct 22 Last Checked: Oct 21 at 3:32AM

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 COMPLETE HOME REALTY

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Investment Insights

Based on property information with market context.

This two-unit residential income property consists of two separate units on one lot, including a newer built second unit positioned at the rear of the property. The layout provides separation between the front home and the rear unit, creating added privacy and usability for residents.

The property is located in Los Angeles with convenient access to major freeways, helping support straightforward commutes to surrounding areas. It is also described as being close to shopping, dining, and everyday amenities.

For configuration, the main practical takeaway is that the front unit and rear unit are on the same lot and are arranged to offer distinct living spaces, which can support options for owner-occupancy with rental income or other two-unit residential strategies.

Key Highlights

  • Two units on one lot, with separation between the front home and the rear unit for privacy
  • Includes a newer built second unit located at the rear of the property
  • Set up for owner‑occupants to live in one unit while renting the other for additional income

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
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

Frequently Asked Questions

What type of property is this?
Duplex - Two units on one lot, including a newer rear unit with separation from the front home.
Where is this duplex located?
The property is located at 2740 Fairmount Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two units on one lot, with separation between the front home and the rear unit for privacy; Includes a newer built second unit located at the rear of the property; Set up for owner‑occupants to live in one unit while renting the other for additional income
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