Property Details
About this Property
Presenting a rare opportunity to acquire a well-maintained 16-unit multifamily property prominently located along one of LA's iconic North/South avenues. Offered at an 11.3x GRM, 1118 S. Fairfax features a diverse and attractive unit mix of 3 studios, 7 one-bedrooms, and 6 two-bedrooms with upside in rents close to 40% from current to market. The property is ideally positioned in the high-demand Carthay Square/Wilshire Vista area, where residents benefit from excellent connectivity to major employment hubs and close proximity to renowned dining, retail, and cultural destinations - making this a prime investment in one of LA’s most dynamic rental submarkets. 1118 S. Fairfax will be delivered with two (2) renovated one-bedroom vacant units which are ready for immediate occupancy - or additional value-add improvements. The mandatory soft-story seismic retrofit has been completed.
MLS Listing Information
MLS #
CRPW25197767
MLS Source
California Regional MLS
Days on Site
16
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 10 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1118 S Fairfax Ave is a Residential Income in Los Angeles, CA 90019. This – square foot property sits on a 11,609 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,600,000 and was built in 1955. This address can also be written as 1118 S Fairfax Ave, Los Angeles, CA 90019.
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This listing information is up-to-date as of September 04, 2025. For the most current information, please contact Everett Wong, (310) 439-5790
