Rare 4-unit apartment building in a prime Los Angeles neighborhood, now offered at $424 per square footsignificantly below current condo and single-family home pricing. Recent market data shows Los Angeles condos trading around $688$723 per square foot and single-family homes near $791 per square foot, making this multifamily opportunity an exceptional value for owner-occupants and investors alike. The property features two 1-bedroom and two 2-bedroom units, ideal for house-hacking or generating rental income while living in one unit. With realistic pricing and strong cash-flow potential, this building presents a financially smarter alternative to purchasing a condo or small single-family home in today’s market. Seller confirms the property is approved for an 800-square-foot accessory dwelling unit (ADU) to be constructed over the existing garages. Under California state law and current Los Angeles ADU regulations, detached or garage-top ADUs up to 800 square feet are permitted regardless of lot coverage or floor-area ratio limits, providing significant added value and flexibility. The ADU approval opens multiple strategic options: create a third income stream, accommodate extended family, or enhance overall property valuation. Construction costs for garage-top or detached ADUs in Los Angeles typically range from $225,000 to $350,000 for a 700800 square-foot unit, offering strong return potential in a high-demand rental market. Located in a desirable Los Angeles neighborhood, the property offers convenient access to local amenities including neighborhood shops, restaurants, cafes, and parks. Residents enjoy walkable streets, tree-lined blocks, and proximity to major employment centers, entertainment, and cultural attractions. The area is well-served by public transportation, major freeways, and top-rated schools, making it attractive to a wide range of tenants and future buyers. This is a turnkey investment with immediate income, owner-occupancy potential, and significant upside through ADU development. Whether you’re a first-time buyer seeking an affordable entry into Los Angeles real estate, an investor looking to expand your portfolio, or a homeowner seeking to offset your mortgage with rental income, this 4-unit building delivers unmatched versatility and value. Do not miss this opportunity to own a multifamily asset priced well below comparable condos and homes.
Property Details
Price:
$1,700,000
MLS #:
26986111
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
c09beverlywoodvicinity
Listed Date:
Sep 9, 2026
Finished Sq Ft:
4,008
Total Sq Ft:
4,008
Lot Size:
7,128 sqft / 0.16 acres (approx)
Year Built:
1941
See this Listing
Schools
Interior
Cooling
NO
Levels
A
Exterior
Financial
Map
Community
- Address1433 S Fairfax AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 18, 2026
8,218
Single Family Listed
85
Avg DOM
432
Avg $ / SqFt
$1,562,531
Avg List Price
Property Summary
- 1433 S Fairfax AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $1,700,000 and features 6 beds, 5 baths, and has approximately 4,008 square feet of living space, and was originally constructed in 1941. The current price per square foot is $424. The average price per square foot for Single Family listings in Los Angeles is $432. The average listing price for Single Family in Los Angeles is $1,562,531.
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1433 S Fairfax AV
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