Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.
Sold for $2,200,000
$2,200,000
1316 N Fairfax Ave, Los Angeles, CA 90046
12beds
12baths
6,885sqft
Multi Family
Built in 1967
-- sqft lot
$2,178,300 Zestimate®
$320/sqft
$4,307 Estimated rent
Home value
$2,178,300
$1.94M - $2.44M
$4,307/mo
Zestimate® history
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$4,307/mo
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$4,307/mo
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$14,015/mo
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Zillow last checked:
Listing updated:
Listed by:
Grey Blavin DRE # 02075642 310-770-3698,
Power Brokers 424-738-5900,
Marc 'Meir' Nemetsky DRE # 01946024 310-926-3119,
Power Brokers
Bought with:
Alondra Ruiz, DRE # 01905688
Coldwell Banker West
Source: CLAW,MLS#: 24-391109
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Rooms
- Room types: Living Room, Dining Area, Center Hall
Bathroom
- Features: Linen Closet, Shower Stall, Shower and Tub, Remodeled, Tile
Kitchen
- Features: Formica Counters, Tile Counters
Heating
- Wall Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Range Hood, Disposal, Exhaust Fan, Washer, Dryer, Refrigerator, Range/Oven, Central Water Heater, Electric Water Heater, Gas Water Heater
- Laundry: Laundry Room
Features
- Turnkey, Storage, Living Room Balcony, Ceiling Fan(s)
- Flooring: Carpet, Linoleum, Tile, Vinyl, Wood, Wood Laminate
- Windows: Double Pane Windows, Drapes, Mini Blinds, Blinds
Interior area
- Total structure area: 6,885
- Total interior livable area: 6,885 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Covered, Driveway, On Street, Shared Driveway
- Covered spaces: 8
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Patio & porch: Concrete Slab
- Exterior features: Balcony, Rain Gutters
- Waterfront features: None
Lot
- Size: 6,076 Square Feet
- Dimensions: 131 x 50
- Features: Gutters, Landscaped, Value In Land, Street Lighting, Storm Drains, Single Lot, Sidewalks, Rectangular Lot, Lot-Level/Flat, Redevelopment Area, Curbs, Near Public Transit, City Lot
Details
- Additional structures: None
- Zoning: R2-1XL
- Special conditions: Standard
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding, Drywall Walls
- Roof: Asphalt
Condition
- Repair Cosmetic,Updated/Remodeled
- Year built: 1967
Utilities & green energy
- Sewer: In Street
- Water: District
- Utilities for property: Utilities - Overhead
Community & HOA
Community
- Security: Exterior Security Lights, Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $602,679
- Date on market: 11/6/2024
- Inclusions: Common area coin operated washer/dryer. Each unit comes with range, refrigerator, and wall a/c unit.
- Total actual rent: 175704
- Tenant pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee
- Road surface type: Paved, Concrete, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2025 | Sold | $2,200,000-8.3%$320/sqft |
Source:  CLAW #24-391109 Report a problem | ||
| 1/22/2025 | Pending sale | $2,400,000$349/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 1/7/2025 | Contingent | $2,400,000$349/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 11/6/2024 | Listed for sale | $2,400,000-7.7%$349/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 9/15/2024 | Listing removed | $2,600,000-5.5%$378/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 7/3/2024 | Price change | $2,750,000-6.8%$399/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 5/31/2024 | Price change | $2,950,000-13.2%$428/sqft |
Source: CLAW #24-391109 Report a problem | ||
| 5/13/2024 | Listed for sale | $3,400,000$494/sqft |
Source: CLAW #24-391109 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hollywood
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Nearby schools
GreatSchools rating
- 8/10Gardner Street Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Hubert Howe Bancroft Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$2,178,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,178,300
- California
- Los Angeles County
- Los Angeles
- 90046
- Hollywood
- 1316 N Fairfax Ave
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