6228 S Fairfax Avenue
Ladera Heights, CA, 90056
$1,099,000
MLS: PF26052083
Beds
5
Baths
3
Sq Ft
2,580
Lot
0.16 ac
Year Built
1948
MLS #
PF26052083
Days on Market
6
Listed
Mar 10, 2026
Description
Situated on a sidewalk-lined, walkable street in the heart of Ladera Heights, this well-maintained mid-century duplex with a detached garage structure presents a rare opportunity offering stable income, flexible living options, and long-term upside potential. The property offers approximately 2,080 square feet of living space on a 7,134 square foot lot, featuring two spacious 2-bedroom, 1-bath units thoughtfully designed for privacy and everyday livability. The upper 2-bedroom unit is currently leased for $1,700 per month and the lower 2-bedroom unit for $1,650 per month, providing immediate in-place rental income with significant upside through renovation, rent repositioning, or long-term hold. In addition to the duplex, the property includes a detached garage structure with a fully built-out 1-bedroom, 1-bath guest unit complete with kitchen, private entrance, and private patio (approximately 500 sq ft; Buyer to verify permits, square footage, and legal use). The guest unit is currently vacant, offering additional income potential or the opportunity for an owner-user to occupy the guest unit while benefiting from rental income from the two main units. The garage structure also includes two individual garage bays serving the main units, plus a large dedicated workshop/storage area with stackable laundry, offering exceptional flexibility for supplemental income, creative use, or extended living arrangements. The generous lot size, functional layout, and existing improvements create multiple paths for repositioning, enhancement, or long-term hold in a supply-constrained market. Ideally located just minutes from Culver City, Silicon Beach, Los Angeles International Airport, parks, dining, and shopping, the property benefits from strong rental demand and proximity to major employment centers in one of Los Angeles’ most established and desirable neighborhoods.
Location
Ladera Heights, Los Angeles County, CA 90056
Open on Google Maps ↗Listed by: David Mercier · Coldwell Banker
Payment estimate
$7,934
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
- Principal & Interest
- $6,077
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Ladera Heights home with as little as 3.5% down using an FHA loan — roughly $38,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Los Angeles, CA 90056 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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