1545 S Fairfax, Los Angeles, CA 90019
- $7,400,000
Listed by Cynthia Burts, from Burts & Associates
(If provided) CoList: Sandy Dunkley from Equity Los Angeles
- List Price
- $7,400,000
- MLS#
- CRSR26150926
- Status
- ACTIVE
- Lot Size
- 6,554
- Listing Area
- C09 - Beverlywood Vicinity
- Year Built
- 2019
Property Description
We are proud to present 1545 S. Fairfax Avenue, a rare opportunity to acquire a 2019-constructed, 10-unit multifamily apartment community in the highly desirable Fairfax District of Los Angeles. This contemporary four-story property features 17 subterranean parking spaces, modern construction, quality finishes, low near-term capital expenditure requirements, and the added benefit of an assumable $3,000,000 loan at a 3.90% fixed interest rate through 2029, providing attractive in-place financing. The property offers an outstanding unit mix of (2) three-bedroom/three-bathroom townhome-style units, (6) three-bedroom/two-bathroom units, (1) two-bedroom/two-bathroom unit, and (1) designated three-bedroom/two-bathroom affordable housing unit. The spacious floor plans support strong tenant demand and stable occupancy, while the original builder's warranty remains in effect through 2029, covering qualifying construction-related defects, including the roof structure, plumbing, and electrical systems. Ideally located just minutes from The Grove, Original Farmers Market, LACMA, Cedars-Sinai Medical Center, UCLA, and the Metro D (Purple) Line Wilshire/Fairfax Station, the property provides convenient access to Beverly Hills, Century City, Culver City, West Hollywood, and Downtown Los A
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Additional Information
- Amenities
- Double Pane Windows(s)
- Cooling System
- Central AC
- Energy Features
- Double Pane Windows
- Garage Parking
- Underground Parking
- Heating System
- Central Forced Air
- Laundry Facilities
- Gas Hookup, 30, 38
- Lot Size
- 6,554
- Neighborhood
- C09 - Beverlywood Vicinity
- Pool Description
- None
- Unincorporated Yn
- Yes
- View
- View of City Lights
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