Log In/Sign Up
Your email has been sent.
1227 N Fairfax Ave 22 Unit Apartment Building $6,169,725 CAD ($280,442 CAD/Unit) West Hollywood, CA 90046
Executive Summary
1227–1237 Fairfax Avenue presents a 22-unit multifamily investment opportunity featuring a prominent 1920s-character building with strong street presence and architectural pedigree. Located in a highly desirable, high-demand rental corridor, the asset combines historic charm with meaningful repositioning potential. The property generates solid in-place income at a 12.55 GRM and 4.24% cap rate, equating to approximately $204,545 per unit and $437 per square foot. Significant upside exists through a strategic renovation program designed to enhance interior finishes while preserving the building’s vintage character. Situated on a large 21,029-square-foot lot, the property offers additional potential for ADUs and/or the addition of parking in the expansive rear open space (buyer to verify). The oversized parcel further enhances long-term value and optionality. 1227–1237 Fairfax Avenue presents a classic value-add opportunity with substantial rental upside in one of Los Angeles’ most sought-after submarkets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,169,725 CAD | Apartment Style | Garden |
| Price Per Unit | $280,442 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.48 AC |
| Gross Rent Multiplier | 12.55 | Building Size | 10,288 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1924 |
| Zoning | R4B | ||
| Price | $6,169,725 CAD |
| Price Per Unit | $280,442 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 12.55 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.48 AC |
| Building Size | 10,288 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | R4B |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,791 CAD | 250 |
| 1+1 | 18 | $1,878 CAD | 350 |
1 1
Walk Score®
Walker's Paradise (96)
Property Taxes
| Parcel Numbers | Improvements Assessment | $690,178 CAD | |
| Land Assessment | $1,590,503 CAD | Total Assessment | $2,280,681 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,590,503 CAD
Improvements Assessment
$690,178 CAD
Total Assessment
$2,280,681 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1227 N Fairfax Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.