4173 Fair Ave — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 91601

Investment Figures

Cap rate
4.57%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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.

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 4.6% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 85 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Its 4.6% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

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