355 N N Fairfax Avenue,Los Angeles, CA 90036
Los Angeles, CA 90036
Description
355-359 North Fairfax Avenue presents an opportunity to acquire a vacant, 5,400-square-foot retail and office property in Los Angeles' highly sought-after Fairfax/Beverly Grove district. Offered at $4,250,000, the two-story building is located approximately one block north of The Grove and The Original Farmers Market, placing it near one of the region's most recognized shopping, dining, and entertainment destinations. The property features approximately 50 feet of frontage along North Fairfax Avenue, providing prominent street visibility within a dense commercial and residential trade area. Its flexible layout includes two approximately 1,250-square-foot ground-floor retail or office spaces and approximately 2,900 square feet on the second floor. The building is currently vacant, allowing a purchaser to pursue an owner-user, leasing, or value-add strategy without waiting for existing leases to expire. Additional features include nine on-site parking spaces and C2-1VL zoning, which accommodates a variety of potential retail, office, restaurant, and commercial uses, subject to applicable approvals. The property also offers convenient access to Beverly Boulevard, Melrose Avenue, Wilshire Boulevard, and the surrounding Central and West Los Angeles neighborhoods. With vacant delivery, an adaptable floor plan, on-site parking, and a visible Fairfax Avenue location, 355-359 North Fairfax Avenue is well positioned for an owner-user seeking a recognizable business location or an investor pursuing a leasing and repositioning opportunity.
Details
| MLS # | 26102010 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 12 |
| Listing Provided By | LA Luxuries | Jordan Pollack |
Features
| SQ Feet | 5,400 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | LAC2 |
| Acreage | 0.14 |
Exterior
| Security Features | Gated Community |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90036 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90036) | |
Price: $4,250,000 low | high Med: $779,000 sqft: 5,400 low | high Med: 1,340 $ / sqft: $787 low | high Med: $581 On site: 12 low | high Med: 1 | |
Market Activity 90036
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90036 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90036) | |
Price: $4,250,000 low | high Med: $779,000 sqft: 5,400 low | high Med: 1,340 $ / sqft: $787 low | high Med: $581 On site: 12 low | high Med: 1 | |
 | $4,750,000419 N Laurel AvenueLos Angeles, CA 90048 |