Just Listed: 12-Unit Investment Opportunity in
Los Angeles!
Los Angeles, CA
See it in person
Request a private tour of 1215 South Fairfax Avenue — in person or by live video walkthrough.
About this home
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 features
A closer look
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What it costs each month
Loan amount $1,760,000. Tax rates vary by district — adjust the figure above to match this address.
- Principal & interest
- $11,124
- Property tax
- $2,292
- Insurance
- $642
An estimate for illustration only, not a loan offer, quote or approval. The interest rate above is a starting figure we picked, not a current market rate and not one you have been offered — change it to a rate you have actually been quoted. Tax and insurance are estimates too. Actual payments depend on your lender, your credit and the final assessments. Speak to a lender for figures you can rely on.
Where you'll live
1215 South Fairfax Avenue, Los Angeles, CA 90019
Neighborhood
- Shalhevet High School0.51 mi
- Crescent Heights Boulevard Elementary School0.60 mi
- Saturn Elementary School0.74 mi
- Hancock Park Elementary School1.2 mi
- Daniel Murphy High School1.6 mi
- Meals by Genet0.28 mi
- Rahel Ethiopian Vegan Cuisine0.29 mi
- Rosalind's Ethiopian Restaurant0.30 mi
- Messob0.30 mi
- Merkato0.31 mi
- Lower Carthay Circle Park0.54 mi
- Carthay Circle Park0.58 mi
- Wilshire Green Park0.87 mi
- Hancock Park0.93 mi
- Robertson Recreation Center1.1 mi
