421-425 S Fairfax Ave - Medical FOR SALE


Los Angeles, CA 90036
$15,999,000 USD
310-592-7389
421-425 S Fairfax Ave, Los Angeles, CA for Sale
$15,999,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

421-425 S Fairfax Ave
Los Angeles, CA 90036


HIGHLIGHTS

  • 33 car parking garage.
  • Steel frame construction.
  • Current tenants on month to month leases.
  • 2 hour free street parking.
  • Big flag sign with permit grandfathered in.
  • Located at signalized intersection of S Fairfax Ave and Colgate Ave.

OVERVIEW

This property is offered for sale in an "as-is" condition. Current tenants are on month -to-month leases. The ground floor is 2,300 square feet of retail space with 3 bathrooms. The 2nd and 3rd floor are each 5,920 square feet of office space and include 2 bathrooms on each floor. The penthouse size is 1,035 square feet. The building size per the assessor is 14,181 square feet and the gross footage with penthouse and stairwell is 15,642 square feet. One elevator, central heat and air. Located at the North Western corner of Fairfax & Colgate. Next to Sammy's Camera. Next to the Grove. Two minutes to Cedar Sinai and two minutes to Midway Hospital. Beverly Hills adjacent. West Hollywood adjacent. Close to Wilshire Fairfax metro station. 33 car parking and free 2-hour street parking. Buyers expected to do their own due diligence and verify all information.

FOR SALE DETAILS

PRICE

$15,999,000 USD

PRICE/SF

$1,024 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Fairfax-Colgate Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C2

APN/PARCEL ID

5511-039-032

ASK ABOUT THIS PROPERTY

Gary ZaksZaks Realty Inc.More Info
310-592-7389

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Gary ZaksZaks Realty Inc.More Info
310-592-7389

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