Flex Building on a Major Commercial Thoroughfare
18,700 SF Freestanding Building on 22,000 SF Signalized Corner Lot.
Marketing description
543 N Fairfax Avenue presents a rare opportunity to acquire a freestanding commercial property on one of Los Angeles’ most recognizable retail corridors. The asset is positioned just south of the major signalized intersection of Melrose Avenue and Fairfax Avenue, at the signalized corner of Fairfax Avenue and Clinton Street, providing exceptional visibility, access, and long-term identity along a high-traffic stretch of Fairfax.
The ±18,700-square-foot building sits on a ±22,000-square-foot lot with approximately 180 feet of frontage along Fairfax Avenue. This location benefits from traffic counts exceeding 60,000 cars per day at the nearby Melrose intersection, along with consistent pedestrian activity generated by surrounding retail, dining, and neighborhood anchors. Two points of access, from Fairfax Avenue and the rear of the site, allow for efficient circulation and operational flexibility.
The existing improvements are well suited for an owner-user, investor, or repositioning strategy. The layout accommodates retail, showroom, gallery, creative office, or hybrid uses, with strong ground-floor presence and high ceilings, and upper-level office or creative workspace. Interior features include polished concrete floors, exposed ceilings, skylights, a functional kitchen, elevator and stair access, and a basement suitable for storage or support space.
A significant advantage in this submarket is the availability of plenty of on-site parking spaces, including gated and secure spaces, a rare amenity along Fairfax Ave. The property also includes an existing billboard, providing additional income potential.
Zoned C4-1VL and located within a TOC Tier 2 designation, the site offers meaningful long-term flexibility. With the ability to utilize increased density, height, and floor area incentives, the property presents both immediate utility and future redevelopment upside in a supply-constrained corridor.
Investment highlights
▪ ±18,700 SF FREESTANDING BUILDING.
▪ ±22,000 SF CORNER LOT.
▪ C4-1VL ZONED WITH TOC TIER 2 DESIGNATION.
▪ JUST SOUTH OF THE MAJOR SIGNALIZED INTERSECTION OF MELROSE & FAIRFAX AVE.
▪ AT THE SIGNALIZED INTERSECTION OF FAIRFAX AVE. & CLINTON ST.
▪ AMAZING WALKING SCORE OF 97!!!
▪ EXCELLENT CAR TRAFFIC COUNTS; WITH A DAILY CAR TRAFFIC COUNT OF OVER 60,000 CPD AT THE INTERSECTION OF FARFAX & MELROSE AVE.
▪ OUTSTANDING FRONTAGE; 180 FEET ALONG FAIRFAX AVE.
▪ 2 POINTS OF ACCESS; FROM THE FRONT & THE REAR.
▪ PLENTY OF ON-SITE PARKING + AMPLE STREET PARKING.
▪ ADDITIONAL INCOME FROM BILLBOARD!!!
▪ SITUATED WITHIN LOS ANGELES, JUST SOUTH OF WEST HOLLYWOOD & EAST OF BEVERLY HILLS.
▪ JUST SOUTH OF THE MELROSE RETAIL CORRIDOR & MELROSE TRADING POST.
▪ IDEAL FOR RETAIL, SHOWROOM, CREATIVE OFFICE SPACE, REDEVELOPMENT, ETC...
▪ PERFECT FOR AN OWNER/USER, AN INVESTOR WITH TENANT(S) IN MIND, OR A DEVELOPER!!!
▪ GREAT DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS
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