$1,995,000

Estimated payment $12,739/month

Total Views 2,204
9 Beds
4 Baths
5,486 Sq Ft
$364 Price per Sq Ft

Highlights

  • Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

An exceptional opportunity to purchase a beautifully preserved four-unit building in the heart of the Fairfax District, just north of Beverly Blvd, featuring significant upside potential to generate additional income through the development of new ADU(s) using the existing, currently unused garage space, or by converting the garages back to parking. Ideally positioned near the iconic Original Farmers Market and The Grove, this property embodies true Los Angeles character, a timeless example of early 20th-century architecture that continues to attract long-term tenants and steady demand. Each spacious unit features hardwood floors, in-unit laundry, and designated parking, reflecting the enduring appeal of thoughtful design and craftsmanship. With its unbeatable location, spacious + desirable layouts it creates a strong upside potential for investors whether through rental income growth, future appreciation, or value-add improvements. Don't miss this chance to own a classic, income-producing asset in one of Los Angeles's most dynamic and highly coveted neighborhoods.

Listing Agent

Basya Gradon

Compass License #01893478 Listed on: 10/24/2025

Compass

Co-Listing Agent

Emily Hogge

Compass License #02232361

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,377 Sq Ft Lot

Interior Spaces

  • 5,486 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5527-039-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Classic & Charming 4-Unit Apartment Building First Time on the Market!Exceptional opportunity to own a beautifully maintained four-unit property in the heart of the Fairfax District, just north of Beverly Blvd and moments from The Original Farmers Market and The Grove. Each spacious unit features hardwood floors, in-unit laundry, and assigned parking. Full of character and long-term appeal, this property offers strong income potential and future upside through rental growth or value-add improvements. A rare find in one of Los Angeles's most desirable and high-demand neighborhoods.
  • Living Area: 5486
  • Lot Acreage: 0.1464
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 363.65

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached, Garage Is Detached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 660000
  • Assessed Land Percent: 70
  • Assessed Land Value: 1570800
  • Total Assessed Value: 2244000
  • Assessor Parcel Number: 5527-039-027
  • Lot Size Area: 6377

Rental Info

  • Number Leased: 3
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.52
  • Number Of Units: 4
  • Number Wall A C: 4
  • Rent Control: 100
  • Type Of Units: 4

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,074 $2,244,000 $1,570,800 $673,200
2024 $27,074 $2,200,000 $1,540,000 $660,000
2023 $30,461 $2,482,574 $1,968,562 $514,012
2022 $2,296 $145,724 $69,514 $76,210
2021 $2,232 $142,867 $68,151 $74,716
2020 $2,242 $141,403 $67,453 $73,950
2019 $2,175 $138,631 $66,131 $72,500
2018 $2,033 $135,914 $64,835 $71,079
2016 $1,882 $130,638 $62,318 $68,320
2015 $1,859 $128,676 $61,382 $67,294
2014 $1,878 $126,156 $60,180 $65,976
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $1,995,000 -- $364 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: The MLS

MLS Number: 25609551

The MLS

APN: 5527-039-027