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Image 1 - 1316 N Fairfax Ave, West Hollywood, California, 90046 - House for sale
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Home For Sale In West Hollywood, California
1316 N Fairfax Ave, West Hollywood, California, 90046

Home For Sale In West Hollywood, California

house for sale
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Listed: 05/17/24

1316 N Fairfax Ave, West Hollywood, California, 90046

12 Bed:
12 Bath:
7,885 Sq Ft Living Area:
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Price
$ 3,4M

About This House

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.

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Los Angeles Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
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In June 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $932,981, a decrease of 41.3% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.