739-741 N Fairfax Ave - Medical FOR SALE


Los Angeles, CA 90046
$3,495,000 USD
310-710-5626
739-741 N Fairfax Ave, Los Angeles, CA for Sale
$3,495,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

739-741 N Fairfax Ave
Los Angeles, CA 90046


HIGHLIGHTS

  • Freestanding 2-story medical building.
  • Perfect for medical use & healthcare services; with + exam rooms, x-ray room, lab, 2 DR. Offices, etc...
  • Just north of the major signalized intersection of melrose & fairfax ave. With a daily car traffic count of over 60,000 CPD at this intersection.
  • Additional billboard income!!!
  • Monument sign with 2 points of access from the front & the rear.
  • Excellent demographics; approx. 50,000 people reside within a 1-mile radius & over 300,000 people reside within a 3-mile radius.

OVERVIEW

KW Commercial is pleased to present this prime 2,907 SF freestanding medical building at 741 N Fairfax Ave in Los Angeles. Located in the desirable Mid-City West neighborhood, it features a well designed 2-story layout with 5+ exam rooms, an X-ray room, a lab, two doctor’s offices, and breakroom on the second floor, offering the perfect setup for a variety of healthcare services. The building sits on a 4,963 SF lot and is just north of the major signalized intersection of Melrose Ave. and Fairfax Ave., ensuring high visibility and excellent access. With a daily traffic count of over 60,000 vehicles at this major signalized intersection, the property boasts great frontage with 40 feet along Fairfax Ave. Additionally, the building has on-site parking in front and the rear, in addition to ample street parking along Fairfax Ave. There is a monument sign at the corner of the property. It also benefits from additional income provided by a billboard. The property is ideally situated between the major thoroughfares of Melrose Ave & Santa Monica Blvd., just south of West Hollywood and east of Beverly Hills. It is also located near the bustling Melrose Retail Corridor, the Melrose Trading Post, and Fairfax High School. With an outstanding walk score of 97, this location offers convenient pedestrian access and benefits from a vibrant, dense residential area with over 50,000 people living within a 1-mile radius and more than 300,000 within 3 miles. Perfect for both owner-users and investors with a tenant in mind, this property offers an exceptional opportunity in one of Los Angeles’ most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$1,165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical Building on Fairfax Ave.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,963 SF

ZONING

C2-1

APN/PARCEL ID

5527-012-029

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 Policy.