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1229 N Fairfax Avenue, 
West Hollywood, CA 90046

$4,500,000

18

Beds

22

Baths

10,228

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

David Miller

, 

Errol Spiro

Miller & Desatnik Realty Co.

310-202-9166

Last updated:

March 11, 2026, 12:37 AM

MLS#

26662067

Source:

CRMLS

About This Home

1229 N Fairfax Avenue

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.

Home Facts

Multi-Family

22 Baths

18 Bedrooms

Built in 1923

Price Summary

4,500,000

$439 per Sq. Ft.

MLS #:

26662067

Last Updated:

March 11, 2026, 12:37 AM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

18

Bathrooms

Total Bathrooms:

22

Interior

Living Area:

10,228 Sq. Ft.

Structure

Structure

Building Area:

10,228 Sq. Ft.

Year Built:

1923

Lot

Lot Size (Sq. Ft):

21,030

Finances & Disclosures

Finances

Price:

$4,500,000

Price per Sq. Ft:

$439 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Borrego is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Borrego, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.