Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    914 N Fairfax Ave West Hollywood, CA

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully leased retail property in a prime West Hollywood location.

    Lot size:
    0.07 Acres

    Property Features for 914 N Fairfax Ave

    General Information

    Lot size
    0.07 Acres

    We can help!

    Listing Contact
    Steve Ravan
    Source: Moodyscre

    Listing Agent: Steve Ravan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Property in West Hollywood

    The property is 100% leased, indicating stable occupancy. Currently, there is no availability. It is located on N Fairfax Ave in West Hollywood, CA. The property is classified as retail.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3315838
    Latitude
    34.0895186

    Nearby Similar for Lease

    • $3,570 /Mo

      Furnished Studio in West Hollywood

      Luxury, fully furnished studio in West Hollywood available for short-term rent.
      950 N Kings Rd, West Hollywood, CA 90069
      View Details
    • $6,250 /Mo

      West Hollywood Modern Architectural Gem

      AIA Award-Winning building with indoor-outdoor flow and Hollywood Hills views.
      1011 N Orange Grove Ave, West Hollywood, CA 90046
      View Details
    • $5,250 /Mo

      West Hollywood Top-Floor Corner Residence

      Luxurious urban retreat in West Hollywood's Norma Triangle.
      9061 Keith Ave, West Hollywood, CA 90069
      View Details
    • $3,500 /Mo

      West Hollywood Home with Private Patio

      Charming 2-bedroom home near Sunset Strip and Melrose Avenue.
      1152 N Ogden Dr, West Hollywood, CA 90046
      View Details
    • Contact for pricing
      959 SF

      Sunset Strip Retail Opportunity

      West Hollywood Retail Space - 959 SF
      7992 Sunset Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing
      1,300 SF

      Sunset Blvd Executive Office Space

      Prime West LA Office Suite Available
      8912 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      4,400 SF

      West Hollywood Retail Space For Lease

      Prime Melrose Ave. Retail Opportunity
      8626 Melrose Ave, West Hollywood, CA 90069
      View Details
    • $16 SF/Yr
      5,030 SF

      Santa Monica Blvd Retail Space

      Prime Retail Space - 5,030 SF Available
      7141 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing
      3,832 SF

      West Hollywood Restaurant Space

      Prime Melrose Ave location, 3,832 sq ft, patio.
      8755 Melrose Ave, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      2,361 SF

      West Hollywood Retail Space For Lease

      Prime West Hollywood storefront, 2361 sq ft, move-in ready.
      7901-7913 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing
      8,364 SF

      Plaza La Cienega: Retail Spaces Available

      West Hollywood Retail Center - 4 Units Available
      1106 Ln Cienega Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      4,280 SF

      West Hollywood Executive Office Suites

      Prime West Hollywood Office Space Available
      454 Robertson Blvd, West Hollywood, CA 90048
      View Details

    FAQs

    What type of property is this?
    Retail property - Fully leased retail property in a prime West Hollywood location.
    Where is this retail property located?
    The property is located at 914 N Fairfax Ave West Hollywood, CA.
    What are key features of this property?
    This property features: - 100% Leased: Enjoy an immediate and consistent income stream.; - No Current Availability: Benefit from high tenant demand and occupancy.; - Well-maintained condition: Reduces immediate capital expenditure.
    (323) 782-1262
    Request Owner's contact information
    914 N Fairfax Ave West Hollywood, CA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    914 N Fairfax Ave
    West Hollywood, CA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    914 N Fairfax Ave West Hollywood, CA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steve Ravan
    (323) 782-1262
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.