901 Fairfax AveLos Angeles, CA 90046

Property Details for 901 Fairfax Ave

Year built

1989

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

3,649 SF

Zone code

WDC2D*

Property type

Retail space

APN

5529-020-047

APU

5529020047

Description

This exceptional 1,068 square foot retail space is ideally situated in a prime endcap location at 901 N. Fairfax Ave, West Hollywood, CA 90046. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. Located in Los Angeles County, this location benefits from exceptional visibility and high foot traffic. The property boasts a total of 1,068 square feet of vacant space, ready for immediate occupancy. The area experiences an impressive 32,600 cars per day, ensuring significant exposure to potential customers. This presents a unique opportunity for businesses seeking a high-profile location in a vibrant and affluent neighborhood. The property's classification is Commercial Retail, making it suitable for a variety of retail uses. The address is easily accessible and benefits from excellent visibility, making it an ideal location for attracting customers. This single-tenant space provides a blank canvas for businesses to create their ideal retail environment. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence in this desirable West Hollywood location. Don't miss this chance to secure a prime retail space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,554,173

  6.5%

  $1,434,621

  7%

  $1,332,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,748,612

  Geo Method

  $1,748,612

• Alternative Use

  Use

  Valuation

  Residential

  $1,210,157

  Hospitality

  $1,108,497

  Educational

  $922,257

  Medical

  $953,974

  Retail

  $1,434,621

Location Insight

City

West Hollywood

County

Los Angeles

State

California

Latitude

34.0874

Longitude

-118.362

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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