1118 S Fairfax Avenue, Los Angeles, CA 90019

Local realty services provided by:ERA Carlile Realty Group
1118 S Fairfax Avenue,Los Angeles, CA 90019
$3,600,000
  • - Beds
  • - Baths
  • 13,091 sq. ft.
  • Multi-family
  • Active
Listed by:everett wong
Office:greysteel california, inc.
MLS#:PW25197767
Source:CRMLS

Price summary

  • Price:$3,600,000
  • Price per sq. ft.:$275

About this home

Presenting a rare opportunity to acquire a well-maintained 16-unit multifamily property prominently located along one of LA's iconic North/South avenues. Offered at an 11.3x GRM, 1118 S. Fairfax features a diverse and attractive unit mix of 3 studios, 7 one-bedrooms, and 6 two-bedrooms with upside in rents close to 40% from current to market. The property is ideally positioned in the high-demand Carthay Square/Wilshire Vista area, where residents benefit from excellent connectivity to major employment hubs and close proximity to renowned dining, retail, and cultural destinations - making this a prime investment in one of LA’s most dynamic rental submarkets. 1118 S. Fairfax will be delivered with two (2) renovated one-bedroom vacant units which are ready for immediate occupancy - or additional value-add improvements. The mandatory soft-story seismic retrofit has been completed.

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Home facts

  • Year built:1955
  • Listing ID #:PW25197767
  • Added:22 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Living area:13,091 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:13,091 sq. ft.
  • Lot area:0.27 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,600,000
  • Price per sq. ft.:$275
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