For Sale Commercial MLS# 26102010

355 N N Fairfax Avenue

Los Angeles, CA 90036

$4,250,000

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About 355 N N Fairfax Avenue

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1957
Stories
2
Living area
5,400 sqft
Price / sqft
$787
Lot
0.1414
Original price
$4,250,000
MLS #
26102010

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
LAC2

Schools

District
Los Angeles Unified School District

Utilities

Security
Gated Community

Financial

Parcel
5527036013
Special conditions
Standard

Location

Area
C19 - Beverly Center-Miracle Mile
County
Los Angeles
Neighborhood
Beverly Grove
Community
0.0
Directions
1 block near The Grove.

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Listed by Jordan Pollack, LA Luxuries

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.