543 N Fairfax Ave - Loft/Creative Space FOR SALE


Los Angeles, CA 90036- Melrose
$10,750,000 USD
310-710-5626
543 N Fairfax Ave, Los Angeles, CA for Sale
$10,750,000 USD
Loft/Creative Space - FOR SALE
1/11
null | Request Cap Rate

543 N Fairfax Ave
Los Angeles, CA 90036
Melrose


HIGHLIGHTS

  • 18,700 SF. FREESTANDING BUILDING ON 22,000 SF. SIGNALIZED CORNER LOT
  • JUST SOUTH OF THE MAJOR SIGNALIZED INTERSECTION OF MELROSE & FAIRFAX AVE.
  • AMAZING WALKING SCORE OF 97!!!
  • OUTSTANDING FRONTAGE; 180 FEET ALONG FAIRFAX AVE.
  • PLENTY OF ON-SITE PARKING + AMPLE STREET PARKING.
  • ADDITIONAL INCOME FROM BILLBOARD!!!

OVERVIEW

543 N Fairfax Avenue presents a rare opportunity to acquire a freestanding commercial property on one of Los Angeles’ most recognizable retail corridors.? The asset is positioned just south of the major signalized intersection of Melrose Avenue and Fairfax Avenue, at the signalized corner of Fairfax Avenue and Clinton Street, providing exceptional visibility, access, and long-term identity along a high-traffic stretch of Fairfax.? The ±18,700-square-foot building sits on a ±22,000-square-foot lot with approximately 180 feet of frontage along Fairfax Avenue.? This location benefits from traffic counts exceeding 60,000 cars per day at the nearby Melrose intersection, along with consistent pedestrian activity generated by surrounding retail, dining, and neighborhood anchors.? Two points of access, from Fairfax Avenue and the rear of the site, allow for efficient circulation and operational flexibility.? The existing improvements are well suited for an owner-user, investor, or repositioning strategy.? The layout accommodates retail, showroom, gallery, creative office, or hybrid uses, with strong ground-floor presence and high ceilings, and upper-level office or creative workspace.? Interior features include polished concrete floors, exposed ceilings, skylights, a functional kitchen, elevator and stair access, and a basement suitable for storage or support space.? A significant advantage in this submarket is the availability of plenty of on-site parking spaces, including gated and secure spaces, a rare amenity along Fairfax Ave.? The property also includes an existing billboard, providing additional income potential.? Zoned C4-1VL and located within a TOC Tier 2 designation, the site offers meaningful long-term flexibility.? With the ability to utilize increased density, height, and floor area incentives, the property presents both immediate utility and future redevelopment upside in a supply-constrained corridor.?

FOR SALE DETAILS

PRICE

$10,750,000 USD

PRICE/SF

$574 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,166 SF

ZONING

C4-1VL

APN/PARCEL ID

5527-020-024

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.