115 South Fairfax Avenue has been categorized by the local assessors in Los Angeles, CA as a commercial type of property.
The building on the property was first built in 1962 and is 62 years old.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 115 South Fairfax Avenue has 18,779 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 17,350 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 115 South Fairfax Avenue was last sold in Apr 23, 2021 for $20,991,000. According to our calculations, that's $1,117.79 per sqft. Prior to that sales transaction, the property was sold for $2,000,000 in May 1, 1997. Current property owners are expected to pay $154,961 in taxes per year. The property on 115 South Fairfax Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,343,517. To break that down further, the land itself was valued at $10,830,564. While improvements to the property were assessed at a total of $2,512,953. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 115 South Fairfax Avenue was last sold in Apr 23, 2021 for $20,991,000. According to our calculations, that's $1,117.79 per sqft. Prior to that sales transaction, the property was sold for $2,000,000 in May 1, 1997. Current property owners are expected to pay $154,961 in taxes per year. The property on 115 South Fairfax Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,343,517. To break that down further, the land itself was valued at $10,830,564. While improvements to the property were assessed at a total of $2,512,953. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
115 South Fairfax Avenue, Los Angeles, CA 90036
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