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Property profile & analytics
OFF-MARKET Estimated value $1,490,000
Retail space

455 Fairfax Ave Los Angeles, CA 90036-1716

5,750 SF 0.14 ac lot Built 1929
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7438908
Property summary
AI-generated overview

This exceptional 2,580 square foot retail space is located at 455 N Fairfax Ave in Los Angeles, California, within Los Angeles County (zip code 90048). The property is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire building. Classified as commercial retail property with multiple tenancy potential, this space offers significant flexibility for a variety of businesses. Its prime location on Fairfax Avenue positions it within a high-traffic area, ideal for maximizing brand visibility and customer reach. The building's total square footage is 2,580 square feet, all of which is available for immediate occupancy. This presents a rare chance to secure a substantial retail presence in a highly desirable Los Angeles neighborhood. The property's address is easily accessible, offering convenient access for both customers and employees. This is a truly exceptional opportunity for a business seeking a prominent location in a vibrant and bustling area of Los Angeles. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Serious inquiries are encouraged to explore this remarkable retail space. The property is situated at 34.0797413 latitude and -118.3618569 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Construction WOOD
Total area 5,750 SF
Lot 0.14 ac (6,161 SF)
Zoning code LAC2
APN 5527-031-016
UPID US09-7438908
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
  • SoleStage Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.49M
Owner & transaction history
449-455 Fairfax Avenue LLC · 21 yrs held
449-455 Fairfax Avenue LLC
since 2005
7 recorded transactions
2005
Price N/A
2004
$38,000
2004
Price N/A
1989
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.4M +3.2%
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