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345 Fairfax Ave Los Angeles, CA 90036-2108

Retail space Google Maps
2,574 SF 0.14 ac lot Built 1946
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US09-7297323

Property summary

AI-generated overview

This exceptional 2,740 square foot retail space is located at 345 N Fairfax Ave in the vibrant Los Angeles, California market, zip code 90036. The property is a single-tenant building, offering complete flexibility for a new business. The entire 2,740 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. Situated in Los Angeles County, this location benefits from high visibility and foot traffic, making it ideal for a variety of retail ventures. The property's address is easily accessible and well-suited for attracting customers. The building's size provides ample space for a wide range of retail uses, from boutiques and showrooms to cafes and specialty stores. This is a rare opportunity to secure a prime retail location in a thriving area of Los Angeles. The property is ready for immediate lease, allowing businesses to quickly establish their presence and begin operations. Interested parties are encouraged to inquire for further details and leasing information. This property offers a significant advantage for businesses seeking a high-impact location in a dynamic market. The single-tenant occupancy ensures complete control and customization of the space. Don't miss this chance to secure this exceptional retail opportunity in Los Angeles.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction WOOD
Total area 2,574 SF
Lot 0.14 ac (6,158 SF)
Zoning code LAC2
APN 5527-036-015
UPID US09-7297323

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2013
Price N/A
2008
Price N/A
1992
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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