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433 N Fairfax Ave 4,950 SF 100% Leased Retail Building Los Angeles, CA 90036 $5,508,865 CAD ($1,112.90 CAD/SF) 6.67% Cap Rate
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
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$368,508
|
$121.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$368,508
|
$121.22
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $368,508 |
| Annual Per SF | $121.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $368,508 |
| Annual Per SF | $121.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
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
$5,508,865 CAD
Price Per SF
$1,112.90 CAD
Cap Rate
6.67%
NOI
$367,441 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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Schwartz Bakery
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Schwartz Bakery | Manufacturing | - | - | - |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5527-031-020 | Improvements Assessment | $235,234 CAD (2025) |
| Land Assessment | $469,322 CAD (2025) | Total Assessment | $704,556 CAD (2025) |
Property Taxes
Parcel Number
5527-031-020
Land Assessment
$469,322 CAD (2025)
Improvements Assessment
$235,234 CAD (2025)
Total Assessment
$704,556 CAD (2025)
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433 N Fairfax Ave
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