Medical Building on Fairfax Ave. | 739-741 N Fairfax Ave
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Medical Building on Fairfax Ave. 739-741 N Fairfax Ave
2,907 SF Office Building Los Angeles, CA 90046 $3,495,000 ($1,202/SF)
Investment Highlights
- Freestanding 2-story medical building.
- 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.
- Monument sign with 2 points of access from the front & the rear.
- Perfect for medical use & healthcare services; with + exam rooms, x-ray room, lab, 2 DR. Offices, etc...
- Additional billboard income!!!
- Excellent demographics; approx. 50,000 people reside within a 1-mile radius & over 300,000 people reside within a 3-mile radius.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,907 SF
Building Class
C
Year Built
1954
Price
$3,495,000
Price Per SF
$1,202
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,454 SF
Building FAR
0.59
Lot Size
0.11 AC
Zoning
C2-1 - General Commercial
Parking
8 Spaces (2.75 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space | Size | Space Use | Condition | Available |
1st Floor | 3,000 SF | Office/Medical | - | Now |
1st Floor
Size |
3,000 SF |
Space Use |
Office/Medical |
Condition |
- |
Available |
Now |
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1st Floor
Size | 3,000 SF |
Space Use | Office/Medical |
Condition | - |
Available | Now |
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Walk Score ®
Walker's Paradise (94)
PROPERTY TAXES
Parcel Number | 5527-012-029 | Improvements Assessment | $501,981 |
Land Assessment | $2,677,243 | Total Assessment | $3,179,224 |
PROPERTY TAXES
Parcel Number
5527-012-029
Land Assessment
$2,677,243
Improvements Assessment
$501,981
Total Assessment
$3,179,224
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Medical Building on Fairfax Ave. | 739-741 N Fairfax Ave
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