1215 S Fairfax, Los Angeles, CA 90019

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Beds

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Baths

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Sq ft

About this home

Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles’ Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple paths to income growth and value creation. Seller financing available; amount, rate and term are negotiable.

Type

Apartment

Year built

1950

Lot

8,257 sq ft

Garage

8 car

HOA

None

Pool

View

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Solar

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Estimated payment

$13,874/mo

Principal & interest$11,124
Property tax (est.)$2,108
Home insurance (est.)$642

Down payment: 20% ($440,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Jay Fall, Keller Williams Palos Verdes, jaysfall1@gmail.com. MLS# PV26214348. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:00 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.