Date
Details
Price
Change
Source
3/09/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,500,000 Just Listed
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Property Description
12271237 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.
Full Property Details
Full Property Details for 1229 N Fairfax Ave
General
- Price: $4,500,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26662067
- Updated: Today (3/9/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 22
Bedrooms
- Total Bedrooms: 18
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: West Hollywood Vicinity
- County: Los Angeles
- Driving Directions: North of Santa Monica Blvd.
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Wall
Structural Information
- # Buildings: 12
- Stories/Levels: 1
- Square Feet: 10,228
- Sq. Ft. Source: Assessor
- Year Built: 1923
- Year Built Source: Assessor
Unit Information
- Units in Complex: 22
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2429
- Lot Size: 21029
- Lot Size Source: Assessor
- Zoning: WDR4*
Financial Considerations
- Price Per Sq. Ft.: $439.97
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5554-012-011
Listed by Miller & Desatnik Realty Co., David Miller and Miller & Desatnik Realty Co., Errol Spiro
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1229 N Fairfax Ave —
David Miller
Miller & Desatnik Realty Co.
Errol Spiro
Miller & Desatnik Realty Co.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1229 N Fairfax Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Los Angeles, CA 925 N. Hayworth Ave., Los Angeles, CA 90046 | K-8 | 0.4 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1229 N Fairfax Ave
Tax History
Tax History for 1229 N Fairfax Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,561
4%
$697,374
4%
2023
$10,161
5%
$670,312
2%
2022
$9,670
-2%
$657,178
2%
2021
$9,911
-1%
$644,301
1%
2020
$9,968
4%
$637,700
2%
2019
$9,611
3%
$624,805
2%
2018
$9,360
2%
$612,555
2%
2017
$9,147
4%
$600,545
2%
2016
$8,798
1%
$588,771
2%
2015
$8,676
-1%
$579,928
2%
2014
$8,734
—
$568,569
—
2013
$8,709
—
$566,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1229 N Fairfax Ave
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 3,115Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,247Sq. Ft.
Listed by Dax Bauser (CalRE#: 01918860) (310) 465-7076 and Mike Goldfarb (CalRE#: 02231446) (310) 490-0026
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 5Total Baths
- 2,541Sq. Ft.
- Condo
- Active
- Updated 6 days ago
- 2Beds
- 3Total Baths
- 2,784Sq. Ft.
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- Condo
- Active
- Updated 3 days ago
- 3Beds
- 4Total Baths
- 2,521Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 4Total Baths
- 3,414Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,670Sq. Ft.
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- Single Family
- Closed
- Updated 7 days ago
- 3Beds
- 4Total Baths
- 2,372Sq. Ft.
1229 N Fairfax Ave, West Hollywood, CA 90046 (MLS# 26662067) is a Multi-Family property with units containing 18 bedrooms and 0 full bathrooms. 1229 N Fairfax Ave is currently listed for $4,500,000 and was received on March 09, 2026. Want to learn more about 1229 N Fairfax Ave? Do you have questions about finding other Multi-Family real estate for sale in West Hollywood? You can browse all West Hollywood real estate or contact a Coldwell Banker agent to request more information.