This 1-bedroom, 2-bathroom multi-family at 1215 S Fairfax in Los Angeles, CA is listed for $2,200,000. Built in 1950, on a 0.19 acres lot.
Key Features
Built in 1950
0.19 acre lot
2 stories
8 parking spaces
Property Details
2 stories
2 full
8-car garage
1950
Listing Description
Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles' Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple paths to income growth and value creation. Seller financing available; amount, rate and term are negotiable.
Monthly Cost Estimate
$11,766/mo
20% down · 6.5% · 30 years
Principal$1,591
Interest$9,533
Insurance$642
Estimates only. Actual payments may vary.
Location
1215 S Fairfax
Los Angeles, CA 90019
Questions & Answers
This 1-bedroom, 2-bathroom multi-family at 1215 S Fairfax is listed at $2,200,000. The estimated monthly payment is $11,766 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.19 acre lot, 2 stories, 8 parking spaces.
