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11960791
11960792

Confidential, Los Angeles, CA 90045

HB
01267105
Exclusive Realty & Finance
Listed by Exclusive Realty & Finance
$3 - $6.50/SF/MO
162 days on market
Updated 79 days ago

Fairfax District retail

Building Details
Property Type Retail, Special Purpose
Sub Type medical cannabis dispensary
Tenancy Single
Total Available Spaces 3,000
Lease Type NNN
Class B
Total Building SqFt 6,000
Vacant SqFt 3,000
Total Parking Spaces 10

Spaces

Retail | Single tenant | 700 SqFt - 3,000 SqFt

Building description

This storefront on N. Fairfax Ave is a prime candidate for a high-end medical cannabis dispensary, given its C2-1VL-O zoning and central location in one of Los Angeles' most walkable, high-traffic corridors.

Green-Zone Potential: Retail storefront (Type 10) licenses in L.A. require a 700-foot buffer from "sensitive uses" (schools, public parks, libraries, or other licensed dispensaries).

Social Equity Advantage: Until December 31, 2025, retail license applications in L.A. are primarily restricted to verified Social Equity Individual Applicants.

Financial Shifts: With the momentum behind federal rescheduling and banking reform in late 2025, operators have better access to traditional banking and credit card processing than in previous years.

Located in a high-traffic corridor in Los Angeles, making it a desirable location for various retail businesses. The property offers a two-story layout with approximately 5,700 square feet of space.

The C2 zoning designation permits a variety of commercial uses, including retail storefronts. The property features modern retail frontage on the ground floor with significant foot traffic. The second floor includes multiple rooms, which could be adapted for office space, consultations, or other commercial purposes.

The property also includes a gated rear parking lot.

Building highlights

Walk to everything:

  • The Grove & Farmer's Market: World-class shopping, dining, and entertainment are literally steps away.

  • Melrose Avenue: Trendy boutiques, vintage shops, and street art hotspots are just south of the property.

  • Major Attractions: Proximity to LACMA, the Petersen Automotive Museum, and the La Brea Tar Pits ensures consistent foot traffic and area buzz.

  • Premier Amenities: The Beverly Center and Cedars-Sinai Hospital are minutes away for all your needs.

  • Patient-Centric Location: High-traffic retail exposure ensures maximum discoverability and patient convenience.

  • Flexible Build-Out: Customizable floor plans to support telehealth integration, diagnostic labs, or specialized clinical needs.

  • Flexible Occupancy: Currently 4 interconnected vacant store

  • Owner-User Ready: Ideal for healthcare providers looking to stabilize costs and build equity through favorable 2025 financing like the SBA 504 Loan Program (10% down for medical/retail owners).

  • High-Value Use: Suited for outpatient services, specialty clinics, or high-visibility retail.

  • Investor Upside: 2025 projections show continued rent growth for modernized medical storefronts.

Join the vibrant community that calls the Fairfax District home. This is the perfect location to elevate your brand and capture a high-energy Los Angeles audience. Elevate your practice or brand in a premium, tech-ready space.

THE FAIRFAX DISTRICT IS A VIBRANT LOS ANGELES NEIGHBORHOOD PROXIMATE TO DESIRABLE AMENITIES • Directly adjacent to the brand new Lucia restaurant; a spectacular dining destination that has received critical acclaim from industry outlets.

• One block north of CBS production studios, The Grove and the Farmer’s Market; a 650,000 SF

outdoor shopping mall and lively dining hall

• A mile from the newly renovated Beverly Center

• The Petersen Automotive Museum, Los Angeles County Museum of Art (LACMA), the La Brea Tar Pits, and the Holocaust Memorial Museum, all within 1 mile of the subject property

• Excellent proximity to Cedar Sinai Hospital

*One block north of The Grove shopping mall

* Layouts comprised of showroom space, private restrooms, back offices/storage rooms.

STRONG UNDERLYING DEMOGRAPHICS WITH DENSE IMMEDIATE POPULATION

• 46,611 people within one mile of the subject property, 348,598 people within three miles, and 934,800 people within five miles

• The immediate submarket boasts an average household income within one, three, and five miles is $122,198, $113,021, and $102,022, respectively

• The median income within one, three, and five miles $91,893, $80,386, and $70,516, respectively

• There are over 24,612 households within one mile of the subject property, and over 171,115 households within three miles

Listing Contacts

HB
01267105
Exclusive Realty & Finance
Listed by Exclusive Realty & Finance

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Additional Information

Name
Afshin Rafael
License
01206313
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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