- – beds
- – baths
- – sqft
- 7,117 sqft lot
- 1959 build
- – on site
Well-maintained 7-unit apartment building in the heart of Pico-Fairfax, adjacent to vibrant Little Ethiopia and close to transit, dining, and major freeways. Great unit mix: (2) 2BD/2BA, (1) 2BD/1BA, (3) 1BD/1BA, plus (1) guest room (no kitchen). Two units, including the guest room, are currently vacant offering immediate upside. Units 1,2, and 3 have been recently updated, and all upstairs units feature private balconies. The property has completed both front and rear soft-story retrofits. It includes on-site card-operated laundry, separate gas/electric meters (units 1-6), and parking for all units (a mix of covered/tandem). Under LA Rent Control, with rents increased as of February 2025. Consistent cash flow, strong location, and well-kept condition make this a turnkey investment opportunity.
Last checked:
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Last updated Jun 18, 2025
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MLS# 25549809 —
The Building
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Year Built:1959
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New Construction:No
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Building Area Total:5983.00
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Total Number Of Units:7
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# of Buildings:1
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Faces:East
Interior
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Levels:Two
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Laundry:Washer Included, Dryer Included, Community
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Laundry:1
Location
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Directions:East of Fairfax, North of Pico, South of Olympic
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Latitude:34.05441300
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Longitude:-118.36472300
The Property
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Property Type:Residential Income
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Property Condition:Repairs Cosmetic
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Zoning:LAR3
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Lot Size Area:7117.0000
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Lot Size Acres:0.1634
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Lot Size SqFt:7117.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5086005009
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Gas
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Covered, Carport
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | CRMLS_CA | $2,278,000 | |
3/25/25
Mar 25, 2025
|
Price Changed | CRMLS_CA | ||
3/7/25
Mar 7, 2025
|
Price Changed | CRMLS_CA |