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1224 N Fairfax Ave
West Hollywood, CA 90046
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Great Unit Mix of One- and Two-Bedroom Units in High Demand Rental Area
- Units 4, 5, 7 and 8 have recently updated with new kitchen and bathrooms
- Individually Metered for Gas and Electric
Executive Summary
Sold "As Is" Condition
Property Facts
| Price Per Unit | $471,072 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.59% | Building Size | 6,388 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1954 |
| Apartment Style | Low-Rise | Parking Ratio | 0.94/1,000 SF |
| Zoning | WDR4* | ||
| Price Per Unit | $471,072 CAD |
| Sale Type | Investment |
| Cap Rate | 5.59% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,388 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | WDR4* |
Amenities
Unit Amenities
- Stainless Steel Appliances
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5530-001-009 | Improvements Assessment | $1,048,604 CAD |
| Land Assessment | $4,389,170 CAD | Total Assessment | $5,437,775 CAD |
Property Taxes
Parcel Number
5530-001-009
Land Assessment
$4,389,170 CAD
Improvements Assessment
$1,048,604 CAD
Total Assessment
$5,437,775 CAD
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