Property Detail

1432 Fairfax

Los Angeles CA 90046

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$2,275,000

Status: Active

Property Details

Description

1st time on the market in over 48 years! 1432 N Fairfax Ave is an excellent multifamily investment opportunity. A+ location near Sunset Blvd and Fairfax Blvd, offering an attractive unit mix of 1- and 2-bedroom layouts averaging approximately 953 SF each and approximately 21% rental upside. Property features common laundry facilities, 8 parking spaces, new main electrical and subpanels, completed seismic retrofit and gas shut-off valves, completed SB 721 balcony inspection, new camera security system, and separate gas and electric metering. Situated on a large 6,660 SF lot zoned LAR2. Buyer to verify all information.

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