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1106 S Fairfax Ave, Los Angeles, CA 90019

$4,500,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 2 days ago
1106 S Fairfax Ave, Los Angeles, CA 90019 View this property at 1106 S Fairfax Ave, Los Angeles, CA 90019
1106 S Fairfax Ave Los Angeles CA 90019

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Map & Location

Street View

Property Description

Great opportunity to own a 19 unit building on the West Side of Los Angeles. There is significant room for rent appreciation. Like most of Los Angeles, this property is covered under RSO for City of Los Angeles and under rent control. Current CAP rate 3.8% ProForma Cap Rate 5.6%.Good value add opportunity and nice size investment. Please do not disturb tenants.

Full Property Details for 1106 S Fairfax Ave

  • Price: $4,500,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 16-183304
  • Updated: 11/30/2016
  • Added: 4 day(s) ago

Property History

  • 1106 S Fairfax Ave, Los Angeles, CA
  • Listed at $4,500,000 on 11/29/16

Interior

  • Interior Features: Other

Parking

  • Parking Features: Covered Parking
  • Parking: Covered Parking

Location

  • Area: Beverly Center-Miracle Mile (C19)
  • County: Los Angeles
  • Development Name: Beverly Center-Miracle Mile (C19)
  • Driving Directions: North of Pico, South of Olympic

Heating & Cooling

  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Square Feet: 13,656
  • Year Built: 1959

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $329.53

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by Century 21 Select, Ronald Escobar - CA DRE: 01844635

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Estimate the Cost

1106 S Fairfax Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1106 S Fairfax Ave, Los Angeles, CA 90019 (MLS# 16-183304) is a Multi-Family property with 19 units containing 0 bedrooms and 0 full bathrooms. 1106 S Fairfax Ave is currently listed for $4,500,000 and was received on November 29, 2016. Want to learn more about 1106 S Fairfax Ave? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.

Listed by Century 21 Select, Ronald Escobar - CA DRE: 01844635

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