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10,785 sqft

$7,300,000

1545 S Fairfax, Los Angeles CA, 90019

Price per sqft$676.87
Built in2019
Property size10,785 sqft
Property typeCondominium

Overview

Active

Listed Jul 10, 2026

Updated 9 days ago

MAJOR PRICE REDUCTION - MOTIVATED SELLER - SUBMIT OFFERS. We are proud to present 1545 S. Fairfax Avenue, a rare opportunity to acquire a 2019-constructed, 10-unit multifamily apartment community in the highly desirable Fairfax District of Los Angeles. This contemporary four-story property features 17 subterranean parking spaces, modern construction, quality finishes, low near-term capital expenditure requirements, and the added benefit of an assumable $3,000,000 loan at a 3.90% fixed interest rate through 2029, providing attractive in-place financing. The property offers an outstanding unit mix of (2) three-bedroom/three-bathroom townhome-style units, (6) three-bedroom/two-bathroom units, (1) two-bedroom/two-bathroom unit, and (1) designated three-bedroom/two-bathroom affordable housing unit. The spacious floor plans support strong tenant demand and stable occupancy, while the original builder's warranty remains in effect through 2029, covering qualifying construction-related defects, including the roof structure, plumbing, and electrical systems. Ideally located just minutes from The Grove, Original Farmers Market, LACMA, Cedars-Sinai Medical Center, UCLA, and the Metro D (Purple) Line Wilshire/Fairfax Station, the property provides convenient access to Beverly Hills, Century City, Culver City, West Hollywood, and Downtown Los Angeles. Combining modern construction, attractive assumable financing, stable in-place income, and an irreplaceable infill location, 1545 S. Fairfax Avenue represents a rare opportunity to acquire a newer-generation multifamily asset in one of Southern California's most sought-after investment markets.

$48,567/mo

Est. mortgage payment based on a $7,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26150926

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Maintenance Expense
$5,610
Garage
Yes
View
Yes
55+/Senior Community
No

Listed by Cynthia Burts, Burts & Associates, CA DRE 01134271

Listing Contact: 310-308-8003 

Based on information from the CRISNet MLS as of 9/29/2026, 3:41 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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