FOR SALE
$ 2,195,000 Est. Payment

1164 S Fairfax Avenue

Los Angeles, CA 90019
Cluster
Residence
5,554
Sq. Ft.
0.17
Acre Lot
1of
Map
Photos
Courtesy: Damon Kronsberg - Coldwell Banker Residential Br
Classic 8-Unit adjacent to Miracle Mile w/ nice mix of 5x1BRs, 2x2BRs, and 1xSingle, w/ hdwd floors. New detached 6-carport roof in 2013 & entire building re-roofed in 2008. Building is exempt from LA City Retrofitting requirement (documentation on file). Income shown reflects Nov. 1st 3% increase; additional income from oil & gas leases is appx $800 yr plus value added income potential from laundry rm if coin-op machines are installed. Explore the major upside potential in this high dynamic growth neighborhood! Close to practically everything from this desirable Fairfax corridor location - restaurants, museums, synagogue, church, laundrymat, & Vons all nearby w/ new Metro-Line station coming to Fairfax & Wilshire. This neighborhood is on the move! Property sold "As-Is". Drive by only - Please do not disturb tenants. Buyer agrees to cooperate with Seller's 1031 Exchange at no additional cost to Buyer.
18377564
Cluster, Other
Los Angeles
1950
0.17 Acres
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
67,606
3,971,883
10,170,292
321,418,820
17,388
8,241
2,458
89
2.8
2.8
3
2.6
36.9
34.6
35.3
37.4
$43,244
$49,682
$55,870
$53,482
$26,072
$28,320
$27,987
$28,555
 
Economy
Zip
City
County
National
5.50 %
5.50 %
5.20 %
5.20 %
1.40 %
1.40 %
1.40 %
1.60 %
37.30 %
37.30 %
37.60 %
38.00 %
9.00 %
9.00 %
9.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
218
166
156
100
 
Environment
Zip
City
County
National
157
916
2245
1443
16.5
16.7
16.9
39.2
0
0
0.3
25.8
47.8
46.4
45.5
22.6
77.9
83.7
84.3
86.1
27
26
32
102
290
284
283
205
83
87
86
54
Source: Sperling's Best Places
Courtesy: Damon Kronsberg - Coldwell Banker Residential Br
Barbara Simmons, Xome Inc., CalBRE #637579, barbara.simmons@xome.com , 844-400-9663 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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