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For sale
  • Listed by: Burts & Associates • Cynthia Burts • Contact: 310-308-8003
    $7,400,000

    1545 S Fairfax Ave, Los Angeles, CA 90019

    29beds
    23baths
    10,785sqft
    : 
    $49,304/mo
    Get pre-qualified
    Multi Family
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $686/sqft
    $-- HOA

    What's special

    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.
    40 days
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    110
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Burts DRE #01134271 310-308-8003,

    Burts & Associates,

    Sandy Dunkley DRE #01832146 310-877-1887,

    Equity Los Angeles

    Source: CRMLS,MLS#: SR26150926MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 29
      • Bathrooms: 23
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Windows: Double Pane Windows
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 10,785
      • Total interior livable area: 10,785 sqft

      Property

      Parking
      • Total spaces: 34
      • Parking features: Underground
      • Garage spaces: 17
      • Carport spaces: 17
      • Covered spaces: 34
      Features
      • Entry location: Front
      • Pool features: None
      • Fencing: Security
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 6,554 Square Feet
      • Features: Rectangular Lot, Sprinkler System
      Details
      • Parcel number: 5068021028
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $686/sqft
      • Tax assessed value: $7,696,190
      • Date on market: 7/10/2026
      • Cumulative days on market: 40 days
      • Listing terms: Cash,Cash to Existing Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,457/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$7,400,000+8.3%$686/sqft
        Source: CRMLS #SR26150926 Report a problem
        7/25/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/17/2024Listed for rent$3,995+0.4%
        Source: Zillow Rentals Report a problem
        12/7/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        12/4/2021Price change$3,980+6.1%
        Source: Zillow Rental Manager Report a problem
        11/3/2021Price change$3,750+10.3%
        Source: Zillow Rental Manager Report a problem
        10/25/2021Price change$3,399-10.6%
        Source: Zillow Rental Manager Report a problem
        10/19/2021Price change$3,800-8.4%
        Source: Zillow Rental Manager Report a problem
        10/5/2021Price change$4,150-3.5%
        Source: Zillow Rental Manager Report a problem
        9/29/2021Price change$4,300+13.2%
        Source: Zillow Rental Manager Report a problem
        9/22/2021Listed for rent$3,800
        Source: CLAW #21762146 Report a problem
        11/21/2019Sold$6,834,000-2.3%$634/sqft
        Source: Public Record Report a problem
        11/1/2019Pending sale$6,995,000$649/sqft
        Source: Compass #19502678 Report a problem
        8/22/2019Listed for sale$6,995,000+268.2%$649/sqft
        Source: Compass #19-502678 Report a problem
        12/13/2017Listing removed$1,900,000$176/sqft
        Source: Partners Trust #17280784 Report a problem
        10/16/2017Listed for sale$1,900,000+94.9%$176/sqft
        Source: Partners Trust Beverly Hills #17280784 Report a problem
        1/5/2017Sold$975,000+5.4%$90/sqft
        Source: Public Record Report a problem
        10/17/2016Listed for sale$925,000+96.8%$86/sqft
        Source: New Century Realty & Lending #DW16727397 Report a problem
        1/19/2013Listing removed$470,000$44/sqft
        Source: RE/MAX Estate Properties #12581543 Report a problem
        3/25/2012Price change$470,000-5.8%$44/sqft
        Source: RE/MAX Execs #12581543 Report a problem
        2/14/2012Listed for sale$499,000+226.1%$46/sqft
        Source: RE/MAX Execs #12581543 Report a problem
        5/27/1999Sold$153,000$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $7,696,190 +2%
        2025$91,234 +1.2%$7,545,285 +2%
        2024$90,175 +1.9%$7,397,339 +2%
        2023$88,519 +4.9%$7,252,294 +2%
        2022$84,394 +256.5%$7,110,093 +257.3%
        2021$23,672 -1%$1,990,082 +1%
        2020$23,921 $1,969,677 +94.2%
        2019$23,921 +95.5%$1,014,390 +2%
        2018$12,236 $994,500 +96%
        2017$12,236 +93.8%$507,498 +2%
        2016$6,312 +2.5%$497,548 +1.5%
        2015$6,157 +1%$490,075 +2%
        2014$6,094 $480,476 +2.5%
        2012-- $468,928 +2%
        2011-- $459,734 +0.8%
        2010-- $456,299 -0.2%
        2009-- $457,384 +2%
        2008-- $448,417 +2%
        2007-- $439,626 +2%
        2006-- $431,006
        2005-- $431,006 +4%
        2004-- $414,272 +25.5%
        2003-- $330,140 +2%
        2002-- $323,667 +4%
        2000-- $311,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Pico-Robertson

        Getting around

        84 / 100
        Very Walkable
        57 / 100
        Good Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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