1545 S Fairfax, Los Angeles, CA 90019
Local realty services provided by:ERA Donahoe Realty
1545 S Fairfax,Los Angeles, CA 90019
$7,300,000
- - Beds
- - Baths
- 10,785 sq. ft.
- Multi-family
- Active
Listed by: cynthia burts, sandy dunkley
Office: burts & associates310-308-8003
MLS#:SR26150926
Source:CRMLS
Price summary
- Price:$7,300,000
- Price per sq. ft.:$676.87
About this home
MAJOR PRICE REDUCTION - MOTIVATED SELLER - SUBMIT OFFERS. We are proud to present 1545 S. Fairfax Avenue, a rare opportunity to acquire a 2019-constructed, 10-unit multifamily apartment community in the highly desirable Fairfax District of Los Angeles. This contemporary four-story property features 17 subterranean parking spaces, modern construction, quality finishes, low near-term capital expenditure requirements, and the added benefit of an assumable $3,000,000 loan at a 3.90% fixed interest rate through 2029, providing attractive in-place financing.
The property offers an outstanding unit mix of (2) three-bedroom/three-bathroom townhome-style units, (6) three-bedroom/two-bathroom units, (1) two-bedroom/two-bathroom unit, and (1) designated three-bedroom/two-bathroom affordable housing unit. The spacious floor plans support strong tenant demand and stable occupancy, while the original builder's warranty remains in effect through 2029, covering qualifying construction-related defects, including the roof structure, plumbing, and electrical systems.
Ideally located just minutes from The Grove, Original Farmers Market, LACMA, Cedars-Sinai Medical Center, UCLA, and the Metro D (Purple) Line Wilshire/Fairfax Station, the property provides convenient access to Beverly Hills, Century City, Culver City, West Hollywood, and Downtown Los Angeles. Combining modern construction, attractive assumable financing, stable in-place income, and an irreplaceable infill location, 1545 S. Fairfax Avenue represents a rare opportunity to acquire a newer-generation multifamily asset in one of Southern California's most sought-after investment markets....
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Home facts
- Year built:2019
- Listing ID #:SR26150926
- Added:103 day(s) ago
- Updated:October 22, 2026 at 11:17 AM
Rooms and interior
- Living area:10,785 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2019
- Building area:10,785 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,300,000
- Price per sq. ft.:$676.87
Parking
- Total parking spaces:34
- Parking description:17 Carport Space(s), Underground
- Garage:Yes
- Garage spaces:17
- Carport spaces:17
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