6 months on rocket

1316 N Fairfax Ave, West Hollywood, CA, 90046

$2,400,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
12 Baths
6,885 SqFt
$349/SqFt
House

Location

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1316 N Fairfax Ave, West Hollywood$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Covered, Driveway, Shared Driveway, On Street
Year Built1967
CoolingWall/Window Unit(s)
MLS #24391109
Lot Size0.15 Acres
StatusActive

About 1316 N Fairfax Ave

Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Stories: 2
  • Living Area: 6,885 SqFt

Listing Office:

  • Office Name: Power Brokers
  • Office Phone: (424) 738-5900
  • Listing Agent: Grey Blavin

Interior Features

Interior Information:

  • Appliances: Disposal, Range, Refrigerator, Range Hood, Dryer, Washer
  • Flooring Type: Carpet, Tile, Vinyl, Wood
  • Interior: Balcony, Ceiling Fan(s), Storage

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Parking: Assigned, Covered, Driveway, Shared Driveway, On Street

Lot Features

Lot Information:

  • Lot: Landscaped, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 3 Buildings north of Fountain on Fairfax. Between Santa Monica Blvd and Sunset.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $349/SqFt

Tax Information:

  • Annual Amount: $7,987
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in West Hollywood, CA.

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West Hollywood, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$820

Avg. Days On Market

63

# of Sold Homes

25

1316 N Fairfax Ave vs West Hollywood

185 DAYS ON ROCKET

+122 Days

$2,400,000

+$1.2M More

$349/SqFt

-$471 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $471/SqFt less than other homes in West Hollywood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24391109

Listing Office:

  • Office Name: Power Brokers
  • Office Phone: (424) 738-5900
  • Listing Agent: Grey Blavin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 1996Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,987$579,538
2020$7,773$573,339
2019$7,682$562,098
2018$7,492$551,078
2017$7,492$540,274

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-523818
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-523819
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-523820
5
/10

  • Rosewood Avenue Elementary

  • 503 N Croft Ave

  • 1.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,449. The most common annual income of people living in West Hollywood, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1316 N Fairfax Ave

What is the listing price of this property?

The listing price of 1316 N Fairfax Ave property is $2,400,000.

What type of property is this?

The property 1316 N Fairfax Ave is a house located in West Hollywood, California, 90046.

Is this property for sale now?

Active Listing: 1316 N Fairfax Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,987 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 18, 1996 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1316 N Fairfax Ave has 12 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 1316 N Fairfax Ave is 6,885 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1316 N Fairfax Ave is 1967.

Rocket Homes›California›Los Angeles County›West Hollywood›90046›1316 N Fairfax Ave

This home is located at 1316 N Fairfax Ave in West Hollywood, CA and zip code 90046 in the Central LA neighborhood. This 6,885 square foot home, which was built in 1967, sits on a 0.15 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $2,400,000.

West Hollywood, CA housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 21 sold below. The number of homes for sale in West Hollywood, CA increased by 21.4% between September 2024 and October 2024. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $1,110,555.

From Rocket Homes Real Estate and based on county public records data.

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