Fairfax Apartment Building Sales
Explore 4 closed multifamily transactions totaling $13.26M in Fairfax. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$13.26M
Total Volume
4.01%
Avg Cap Rate
$407,987
Avg $/Unit
10
Avg Units
2013
Since
LAAA Team Track Record Since 2013
Fairfax Multifamily Market Overview
The Fairfax district is centered along Fairfax Avenue near The Grove, LACMA, and the Melrose corridor. Across 4 transactions totaling $13.3M, average cap rate is 4.01% at $408K per unit across 31 units. LA RSO applies.
Market Snapshot
Source: CoStar | Mid-Wilshire Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Fairfax Market Area
LAAA Team Closings in Fairfax
4 transactions by Glen Scher, Filip Niculete & the LAAA Team
401 S Le Doux Rd
Los Angeles • 2024
$2.63MUnits
19Cap
3.01%$/Unit
$138,211
346 N Gardner St
Los Angeles • 2022
$2.75MUnits
4Cap
4.75%$/Unit
$687,500
7714 Rosewood Ave
Los Angeles • 2019
$3.19MUnits
8Cap
4.26%$/Unit
$398,250
470 South San Vicente Boulevard
Los Angeles • 2017
$4.70M
Source: LAAA Team Closed Transactions
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