Fairfax-Colgate Bldg | 421-425 S Fairfax Ave
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Fairfax-Colgate Bldg 421-425 S Fairfax Ave
15,624 SF 96% Leased Office Building Los Angeles, CA 90036 $15,999,000 ($1,024/SF)
Investment Highlights
- 33 car parking garage.
- Current tenants on month to month leases.
- Big flag sign with permit grandfathered in.
- Steel frame construction.
- 2 hour free street parking.
- Located at signalized intersection of S Fairfax Ave and Colgate Ave.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
15,624 SF
Building Class
C
Year Built
1964
Price
$15,999,000
Price Per SF
$1,024
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,208 SF
Slab To Slab
10’
Building FAR
1.63
Lot Size
0.22 AC
Zoning
C2 - commercial, C2
Parking
33 Spaces (2.11 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Commuter Rail
- Fenced Lot
- Fitness Center
- Metro/Subway
- Security System
- Signage
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Hardwood Floors
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Fully built out office space with natural light.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 700 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 700 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
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STREET VIEW
STREET
MAP
2nd Floor
| Size | 700 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Fully built out office space with natural light.
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Walk Score ®
Walker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 5511-039-032 | Improvements Assessment | $2,023,796 |
| Land Assessment | $1,287,864 | Total Assessment | $3,311,660 |
PROPERTY TAXES
Parcel Number
5511-039-032
Land Assessment
$1,287,864
Improvements Assessment
$2,023,796
Total Assessment
$3,311,660
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Zaks Realty Inc.
Fairfax-Colgate Bldg | 421-425 S Fairfax Ave
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