461 N VISTA ST, LOS ANGELES, CA 90036

Property Description

About this home

461 N Vista St, a charming three-unit apartment building located in the highly desirable Fairfax District of Los Angeles. Built in 1937, the property features (2) two-bedroom + one-bathroom units and (1) three-bedroom + two-bathroom unit, totaling4,112 square feet on a 6,103 square foot lot. Situated in the heart of the vibrant Fairfax District, 461 N Vista St offers residents the perfect blend of historic character and central city convenience. The neighborhood is celebrated for its tree-lined streets, classic architecture, and culturally rich, energetic atmosphere, all just minutes from some of LosAngeles’ most iconic destinations. Residents benefit from easy access to Beverly Hills, Miracle Mile, and Mid-City, along with the shops, restaurants, and cultural institutions that define the Fairfax District. With its walkable location, strong connectivity, and timeless architectural appeal, the property stands out as a highly desirable rental opportunity in one of Los Angeles’ most dynamic neighborhoods. 461 N Vista St also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of4.27%, with the potential to reach a 5.24% CAP rate upon unit turnover.

Key things to know

• Three-unit building in Fairfax District with historic character and central city convenience.
• Two two-bedroom units and one three-bedroom unit offer varied living options.
• Totaling 4,112 square feet on a 6,103 square foot lot.
• Walkable, tree-lined streets with shops, restaurants, and cultural institutions nearby.
• Initial CAP rate 4.27% with potential to reach 5.24%.