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433 N Fairfax Ave
Los Angeles, CA 90036
Retail Property For Sale
Executive Summary
• First time on the market in approx. 50 years
• Extremely rare for a property to hit the market on this historic block
• Located in the center of the best block on Fairfax Ave, directly in front of the crosswalk
• A few doors down from World Famous Canters Deli and blocks away from The Grove
• Extremely high ceilings and manageable space sizes
• Extremely rare for a property to hit the market on this historic block
• Located in the center of the best block on Fairfax Ave, directly in front of the crosswalk
• A few doors down from World Famous Canters Deli and blocks away from The Grove
• Extremely high ceilings and manageable space sizes
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,950 SF
Building Class
C
Year Built
1946
Price
$5,909,400 CAD
Price Per SF
$1,193.82 CAD
Cap Rate
6.36%
NOI
$376,007 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.11 AC
Zoning
C2-1 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr.
Parking
4 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
35’ on N Fairfax Ave
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 5527-031-020 | Improvements Assessment | $239,733 CAD |
| Land Assessment | $478,297 CAD | Total Assessment | $718,029 CAD |
Property Taxes
Parcel Number
5527-031-020
Land Assessment
$478,297 CAD
Improvements Assessment
$239,733 CAD
Total Assessment
$718,029 CAD
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