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Millman Team Real Estate

$7,400,000
0.15 Acre Lot

1545 S Fairfax, Los Angeles, California 90019

  • Residential Income Property Type
  • Underground Cars Garage
  • 2019 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SR26150926
$7,400,000
City Lights
2019
0.15 Acre
Active
1
Apartment
Features
: None
: Central
: Central Air
: Security
: Underground
17.0
: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
: Double Pane Windows
$0
Address Map
CA
Los Angeles
Los Angeles
90019
Fairfax
1545
W119° 37' 56.7''
N34° 2' 54.7''
Exit the 10 FWY North on Fairfax Avenue, drive to 1545 S Fairfax Ave., the building is located on the West side of Fairfax Ave
C09 - Beverlywood Vicinity
S
Additional Information
$0
$0
$0
$0
$0
10785
: Sidewalks, Street Lights, Curbs, Suburban, Gutter(s)
1
17.0
: Sprinkler System, Rectangular Lot
10
2026-07-10
4
: Public
Broker/Agent Information
Burts & Associates
Cynthia Burts
Listing Information
Sandy Dunkley
CLW-C105774
CLW-X81816
Equity Los Angeles
F207018725
F4399001
Cash, Cash to Existing Loan
Active
2026-07-27T18:28:21Z
CRMLS
: Standard
2026-07-10T13:16:46Z
Agent info
Ray Millman
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