1241 N Fairfax Ave

$4,600,000
Price
14
Beds
16
Baths
10,378 Sq. Ft.
$443 / Sq. Ft.
10,378
Sq. Ft.
$443
per Sq. Ft.

Description

Prime 14-unit Mid-century gem in the heart of West Hollywood, ideally situated between to Santa Monica and Sunset Boulevards and close to shopping, restaurants, and nightlife. Sited on an 8,700+ sq ft lot, this pride-of-ownership building features bright and spacious units with hardwood floors, updated kitchens, and modernized systems throughout. Two units will be delivered vacant, perfect for immediate additional income. The property includes off-street tuck-under and carport parking for all units,...Prime 14-unit Mid-century gem in the heart of West Hollywood, ideally situated between to Santa Monica and Sunset Boulevards and close to shopping, restaurants, and nightlife. Sited on an 8,700+ sq ft lot, this pride-of-ownership building features bright and spacious units with hardwood floors, updated kitchens, and modernized systems throughout. Two units will be delivered vacant, perfect for immediate additional income. The property includes off-street tuck-under and carport parking for all units, with additional storage for select units. All state and local mandated soft-story and other seismic retrofits - including elevated structure compliance completed by the current owner. Additional upgrades include newer dual-pane windows, updated systems, new front awnings, and fresh exterior paint in 2023. The living room, dining room, and bedroom photos are virtually staged. Located in the strong WeHo rental market, this is an ideal investment opportunity and a smart choice for a 1031 exchange.

Property Details for 1241 North Fairfax Avenue

Water Front
None
Zoning
WDR4*
Style
Low Rise
Property Attached YN
false
Parcel Number
5554012009
Total Units
14.0
Living Area
10378
Source Living Area
Assessor
LISTING UPDATED: 11/14/2025 12:06 PM

Property Details for 1241 North Fairfax Avenue

StatusActive
MLS #25551707
Days on Market164
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.20 AC / 8,703 SF
CountyLos Angeles County

Location

Listing Courtesy of Sotheby's International Realty, Ian Brink, DRE #02035925; Sotheby's International Realty, Peter Tomlinson, DRE #01238435
Add your commute

Building Information for 1241 North Fairfax Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.20 AC / 8,703 SF

Payment Calculator

$26,961 per month

30 year fixed, 6.28% Interest

Principal and Interest

$22,730

Property Taxes

$4,231

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1241 North Fairfax Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Mixed
  • Direction Faces: East
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $263,524
  • Net Operating Income: $157,524.00
  • Gross Income: $263,524
  • Gross Rent Multiplier: $17.40
  • Owner Pays: Water
  • Total Annual Expense: 106000
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1998
  • Lot Size Square Feet: 8703
  • Lot Size Dimensions: 50x170
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 14
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Window Unit(s)
  • Cooling Type: Window Unit(s)
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Detached/No Common Walls
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 06-23-2025
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,253.00
  • Unit Actual Rent: $2,253.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,418.00
  • Unit Actual Rent: $14,181.00
  • Unit Projected Rent: $26,000.00
  • Like Units: 10
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,263.00
  • Unit Actual Rent: $2,526.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,178,281.00
  • Assessed Improvement Percent: 30.3
  • Assessed Land Value: $2,710,051.00
  • Assessed Land Percent: 69.7
  • Assessed Total Value: $3,888,332.00

Property History for 1241 North Fairfax Avenue

DateEvent & SourcePriceAppreciation
Jul 31, 2025

Price Change

CLAW #25551707

$4,600,000
Jul 31, 2025

Price Change

CRMLS #25551707

$4,600,000
Jun 23, 2025

Listed (Active)

CLAW #25551707

$4,775,000
Jun 23, 2025

Listed (Active)

CRMLS #25551707

$4,775,000
Sep 30, 2015

Expired

CRMLS #02042493

$1,650,000
Apr 8, 2010

Sold (Public Record)

Public Record #287403778

$2,625,000

+6.1% / yr

May 1, 2009

Expired

CRMLS #09344549

$2,950,000
Apr 30, 2009

Expired

CLAW #09-344549

$2,950,000
Mar 5, 2009

Expired

CRMLS #08299593

$2,950,000
Mar 5, 2009

Expired

CRMLS #07242267

$3,250,000
Jan 30, 2009

Listed (Active)

CLAW #09-344549

$2,950,000
Jan 30, 2009

Listed (Active)

CRMLS #09344549

$2,950,000
Oct 23, 2008

Expired

CLAW #08-299593

$2,950,000
Jul 24, 2008

Listed (Active)

CLAW #08-299593

$2,950,000
Jul 24, 2008

Listed (Active)

CRMLS #08299593

$2,950,000
Apr 22, 2008

Expired

CLAW #07-242267

$3,250,000
Dec 18, 2007

Listed (Active)

CRMLS #07242267

$3,250,000
Dec 18, 2007

Listed (Active)

CLAW #07-242267

$3,400,000
Nov 9, 2005

Sold (Public Record)

Public Record #167835183

$2,025,000
Dec 22, 2002

Expired

SDMLS #02042493

Dec 22, 2002

Expired

CLAW #02-042493

$1,650,000
Jul 22, 2002

Listed (Active)

CRMLS #02042493

$1,650,000
Jul 22, 2002

Listed (Active)

CLAW #02-042493

$1,800,000
Jul 22, 2002

Listed (Active)

SDMLS #02042493

$1,650,000
Jun 1, 2000

Expired

CLAW #00-072163

$1,190,000
Mar 1, 2000

Listed (Active)

CLAW #00-072163

$1,190,000
Feb 20, 2000

Expired

CLAW #99-049023

$1,350,000
Nov 22, 1999

Listed (Active)

CLAW #99-049023

$1,350,000
DateEvent & SourcePrice
07/31/2025

Price Change

CLAW #25551707

$4,600,000
07/31/2025

Price Change

CRMLS #25551707

$4,600,000
06/23/2025

Listed (Active)

CLAW #25551707

$4,775,000
06/23/2025

Listed (Active)

CRMLS #25551707

$4,775,000
09/30/2015

Expired

CRMLS #02042493

$1,650,000
04/08/2010

Sold (Public Record)

Public Record #287403778

$2,625,000

+6.1% / yr

05/01/2009

Expired

CRMLS #09344549

$2,950,000
04/30/2009

Expired

CLAW #09-344549

$2,950,000
03/05/2009

Expired

CRMLS #08299593

$2,950,000
03/05/2009

Expired

CRMLS #07242267

$3,250,000
01/30/2009

Listed (Active)

CLAW #09-344549

$2,950,000
01/30/2009

Listed (Active)

CRMLS #09344549

$2,950,000
10/23/2008

Expired

CLAW #08-299593

$2,950,000
07/24/2008

Listed (Active)

CLAW #08-299593

$2,950,000
07/24/2008

Listed (Active)

CRMLS #08299593

$2,950,000
04/22/2008

Expired

CLAW #07-242267

$3,250,000
12/18/2007

Listed (Active)

CRMLS #07242267

$3,250,000
12/18/2007

Listed (Active)

CLAW #07-242267

$3,400,000
11/09/2005

Sold (Public Record)

Public Record #167835183

$2,025,000
12/22/2002

Expired

SDMLS #02042493

12/22/2002

Expired

CLAW #02-042493

$1,650,000
07/22/2002

Listed (Active)

CRMLS #02042493

$1,650,000
07/22/2002

Listed (Active)

CLAW #02-042493

$1,800,000
07/22/2002

Listed (Active)

SDMLS #02042493

$1,650,000
06/01/2000

Expired

CLAW #00-072163

$1,190,000
03/01/2000

Listed (Active)

CLAW #00-072163

$1,190,000
02/20/2000

Expired

CLAW #99-049023

$1,350,000
11/22/1999

Listed (Active)

CLAW #99-049023

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1241 North Fairfax Avenue

Taxable ValueLand$2,764,252Additions$1,202,756Total$3,967,008
Tax Record2025$50,770 ($4,231 / month)
Home Facts
Total Finished SqFt10,378 SqFtAbove Grade Finished SqFt10,378 SqFtLot Size8,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningWDR4*CountyLOS ANGELESAPN5554-012-009

Schools near 1241 North Fairfax Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1241 North Fairfax Avenue is a multi-family home for sale in West Hollywood, CA 90046. This property was listed for sale on June 23, 2025 by Sotheby's International Realty, it's currently listed at $4,600,000. It has been on the market for a total of 164 days and was last sold on April 8, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 1241 North Fairfax Avenue is a 14-bed, 16-bath, 10,378 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Ian Brink, DRE #02035925; Sotheby's International Realty, Peter Tomlinson, DRE #01238435

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.