Listed by Arbor Realty Capital Advisors
$2,235,000
371 S Fairfax Ave
Details
APN 5511-038-029
Property Type Land, Retail
Sub Type Commercial, Restaurant
Square Footage 1,500
Price per SqFt $1,490
Year Built 1947
Buildings 1
Stories 1
Lot Size (SqFt) 9,339
Zoning LAC2
Investment Type Owner/User
Occupancy Date 04/07/2026
Prime Fairfax Corner Lot | 9,339 SF
Marketing description
Positioned in the heart of Los Angeles’ highly sought-after Miracle Mile submarket, 371 S. Fairfax Ave presents a rare opportunity to acquire a well-located commercial asset in one of the city’s most dynamic corridors. The property consists of approximately +/- 1,500 square feet of building area situated on a +/- 9,339 SF parcel.
Investment highlights
- First Time on the Market in +/- 50 Years
- Iconic 1950's Service Station
- Billboard Income
- Prime Miracle Mile / Fairfax Corridor Location
- Strong Surrounding Demographics and Foot Traffic
- $155,452 Average Household Income in 1-Mile
- Walking Distance from The Original Farmers Market and The Grove
- 27,000 VPD Along Fairfax Avenue
- 22,000 VPD Along West 3rd Street
Listing Contacts
Listed by Arbor Realty Capital Advisors
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