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Property profile & analytics
OFF-MARKET Estimated value $2,270,000
Retail space

101 Fairfax Ave Los Angeles, CA 90036-2110

7,553 SF 0.26 ac lot Built 1987
Trust Owned Absentee Owner Free & Clear
Property ID
US09-9401379
Property summary
AI-generated overview

This exceptional 1,528-square-foot retail space, located at 101 S Fairfax Ave in Los Angeles, CA 90036, presents a unique opportunity for a restaurant operator. The property is a single-tenant building offering complete occupancy and immediate availability. Situated in Los Angeles County, this location benefits from high foot traffic and visibility, nestled within a vibrant and thriving commercial district. The area boasts a diverse range of established businesses and attractions, including the popular Melrose Trading Post, known for its weekly flea market, and the bustling W. 3rd Street, renowned for its lively nightlife scene with numerous bars, cafes, and restaurants. The property's proximity to Fairfax and Melrose Avenues, major tourist destinations, further enhances its appeal and potential for success. Nearby businesses include well-known establishments such as ADKT Restaurant & Bar, Short Stories Hotel, and Trader Joe's, creating a strong and established commercial environment. This prime location offers unparalleled exposure and access to a large customer base, making it an ideal setting for a thriving restaurant venture. The entire 1,528 square feet is vacant and ready for immediate occupancy. This is a rare opportunity to establish a presence in a high-demand area with significant growth potential. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction WOOD
Total area 7,553 SF
Lot 0.26 ac (11,288 SF)
Zoning code LAC2
APN 5511-001-024
UPID US09-9401379
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Vitamin Shoppe (Bike/Boat/Book/etc) Store Pharmacy
  • Manna Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.70M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.27M
Owner & transaction history
Cindy Ornest Family Trust
Cindy Ornest Family Trust
since 2026
7 recorded transactions
2026
Price N/A
2019
Price N/A
2016
Price N/A
2010
$230,000
2000
$3.7M
1993
$2.6M
1989
$60,000
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $3.4M +11.0%
Neighborhood: shopping center $3.2M +3.2%
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