The Fairfax and Beverly Grove submarkets sit at the intersection of multiple LA cultural identities — the historic Orthodox Jewish community, the Fairfax commercial corridor, the Grove/Third Street retail and entertainment infrastructure, and the CBS Television City footprint. The demographic and commercial density shapes multifamily demand in ways that don't fit a generic LA template.
Selling an apartment building here? Fairfax multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 5 |
| Units | 31 |
| Total volume | $13.3 million |
| Median price per unit | $425K |
| Range | $254K – $812K |
Median and range are drawn from the 5 Fairfax buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.
| Address | Units | Price | Closed |
|---|---|---|---|
| 530 N Spaulding Ave | 4 | $3,250,000 | 2022-07 |
| 107 N Kings Rd | 3 | $2,365,026 | 2022-02 |
| 422 S Arnaz Dr | 7 | $2,660,000 | 2017-01 |
| 630 N Genesee | 4 | $1,700,000 | 2016-10 |
| 925 South Sherbourne Avenue | 13 | $3,300,000 | 2013-05 |
Portions of Fairfax and Beverly Grove have concentrated Orthodox Jewish populations whose housing patterns differ from general LA renter demand. Multi-generational tenancies, specific kosher proximity requirements, and c...
Read the full seller's guide →Living in townFairfax and adjacent Beverly Grove are LA City neighborhoods bordering Hancock Park and West Hollywood. Known for the Grove / Farmers Market, CBS Television City, and concentrated Orthodox Jewish community.
See the full neighborhood profile →Closings5 Sterman Multifamily Group closings in Fairfax. See the full transaction record.
See all 5 Fairfax closings →FAQCommon questions about selling multifamily in Fairfax.
Read the full FAQ →Fairfax and Beverly Grove have specific demographic demand patterns — the Orthodox Jewish community's housing needs (multi-generational, kosher proximity, community continuity) are real investment variables that standard underwriting models don't capture.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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