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Residential Income - 1215 S Fairfax, Los Angeles, CA

$2,200,000

1215 S Fairfax, Los Angeles, CA

1215 S Fairfax, Los Angeles, CA 90019 - $2,200,000 · Multi-Family Home for Sale, photo 1 1215 S Fairfax, Los Angeles, CA 90019 - $2,200,000 · Multi-Family Home for Sale, photo 2 1215 S Fairfax, Los Angeles, CA 90019 - $2,200,000 · Multi-Family Home for Sale, photo 3 1215 S Fairfax, Los Angeles, CA 90019 - $2,200,000 · Multi-Family Home for Sale, photo 4 1215 S Fairfax, Los Angeles, CA 90019 - $2,200,000 · Multi-Family Home for Sale, photo 5
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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.

Property details

Year built
1950
Property type
Residential Income
Lot size
8,257 sqft

Location

1215 S Fairfax • Los Angeles, CA 90019

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Listed by

Jay Fall · Keller Williams Palos Verdes

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Listing courtesy of Keller Williams Palos Verdes. Information deemed reliable but not guaranteed.

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