
Closed Listing
Fairfax District Triplex Blocks from The Grove
401 n vista st
sold in
Fairfax District
Sold At
$
3,170,000
3
Number of Units
1929
Year Built
5,257
SF
Square Footage
7,115
SF
Lot Size
LARD1.5
Zoning
401 N Vista St, Los Angeles, CA 90036
About the Property
401 N Vista St is a meticulously renovated triplex located in the heart of the Fairfax District, one of Los Angeles’ most coveted rental markets. Positioned on a prominent corner lot just one mile from The Grove, this turnkey Fairfax District multifamily property is ideally suited for an owner-user or investor seeking strong in-place income with long-term upside.
The building spans approximately 5,257 square feet and consists of three generously sized townhome-style units: one three-bedroom, three-bath; one two-bedroom, two-and-a-half bath; and one two-bedroom, two-bath. The two-bedroom, two-and-a-half bath unit may be delivered vacant upon close of escrow, providing immediate occupancy or leasing opportunity. Each of these thoughtfully designed units offers a private entrance, open-concept kitchen and dining areas, oversized picture windows, and large, functional layouts rarely found in newer construction. Renovated down to the studs in 2017, all three townhomes include custom cabinetry, quartz countertops, recessed lighting, and updated systems throughout. Additional highlights include private outdoor areas for each unit and shared access to an expansive rooftop deck, ideal for entertaining or enjoying city views.
401 N Vista St also presents value-add potential through ADU development. Renderings and preliminary information for a potential ADU can be found in the marketing package and listing photos (buyer to verify all feasibility). With zoning that allows for additional density and an existing structure that has already undergone substantial upgrades, the future owner has the flexibility to enhance both income and property value over time.
Situated within walking distance of some of the most vibrant destinations along Melrose Avenue, Beverly Boulevard, and West 3rd Street, 401 N Vista St stands as a premier Fairfax District triplex offering a combination of lifestyle, stability, and upside in a core Los Angeles multifamily location.
401 N Vista Street
Beverly Grove / Melrose / Fairfax
Offering Price
$3,170,000
Number of Units
3 Units
Price per. Unit
$1,056,667
Bldg. Size
5,257 SF
Price per Foot
$603
Lot Size
7,115 SF
Year Built
1929
Current CAP
5.11%
Market CAP
5.31%
Zoning
LARD1.5
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$1,056,667
Price p/ Sq. ft.
$603
Proforma Cap Rate
5.31%




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