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Multifamily

4173 Fair Ave

4173 Fair Ave, Los Angeles, CA 91601

Listing Price: $1,825,000

Cap Rate
4.89%
Number of Units
5
GRM
11.92
Price/Unit
$365,000
Price/Gross SF
$339.79
Gross SF
5,371

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 4173 Fair Ave, a 5-unit multifamily investment opportunity located in the highly desirable 91602 zipcode of Studio City.

Investment Highlights

  • Proximity to Lifestyle Amenities: Minutes from popular dining, shopping, and entertainment options along Ventura Boulevard, enhancing tenant appeal and retention.
  • Strong Studio City Location: Situated in a highly sought-after Studio City neighborhood, the asset benefits from proximity to major employment hubs, retail corridors, and local amenities.
  • Flexible Living Spaces: Units designed with functional layouts and additional den spaces, accommodating work-from-home and modern lifestyle needs.
  • Well-Balanced Unit Mix: The property features a desirable unit composition, including two 1-bedroom/1-bath units, two 1-bedroom/2-bath units with dens, and one spacious 2-bedroom/2-bath unit with a den, appealing to a wide range of tenants.

Exclusively Listed By

Multifamily

4173 Fair Ave

Listing Price: $1,825,000

Cap Rate
4.89%
Number of Units
5
GRM
11.92
Price/Unit
$365,000
Price/Gross SF
$339.79
Gross SF
5,371

Investment Highlights

  • Proximity to Lifestyle Amenities: Minutes from popular dining, shopping, and entertainment options along Ventura Boulevard, enhancing tenant appeal and retention.
  • Strong Studio City Location: Situated in a highly sought-after Studio City neighborhood, the asset benefits from proximity to major employment hubs, retail corridors, and local amenities.
  • Flexible Living Spaces: Units designed with functional layouts and additional den spaces, accommodating work-from-home and modern lifestyle needs.
  • Well-Balanced Unit Mix: The property features a desirable unit composition, including two 1-bedroom/1-bath units, two 1-bedroom/2-bath units with dens, and one spacious 2-bedroom/2-bath unit with a den, appealing to a wide range of tenants.

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 4173 Fair Ave, a 5-unit multifamily investment opportunity located in the highly desirable 91602 zipcode of Studio City.

Exclusively Listed By

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