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NNN Leased Investment Opportunity in WeHo 1000 N Fairfax Ave 1,220 sq ft Retail Property West Hollywood, CA 90046 For Sale
EXECUTIVE SUMMARY
Property Highlights
- 1,220 +/- SF OF IMPROVEMENTS.
- APPROX. 2,377 SF R3C-C ZONED CORNER LOT.
- LOCATED BETWEEN SANTA MONICA BLVD. & MELROSE AVE.
- CURRENTLY OCCUPIED BY A BEAUTY SALON WITH A LEASE THRU 2029
- OUTSTANDING WALKING SCORE OF 97!!!
- EXCELLENT CAR TRAFFIC COUNTS; OVER 30,000 CARS PER DAY AT THIS INTERSECTION.
- SITUATED WITHIN WEST HOLLYWOOD; JUST EAST OF BEVERLY HILLS.
- GOOD FRONTAGE; OVER 40 FEET ALONG FAIRFAX AVE. & 65 FEET ALONG ROMAINE ST.
- JUST NORTH OF FAIRFAX HIGH SCHOOL.
- GREAT DEMOGRAPHICS; APPROX. 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & APPROX. 275,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
- 1,220 +/- SF OF IMPROVEMENTS.
- APPROX. 2,377 SF R3C-C ZONED CORNER LOT.
- LOCATED BETWEEN SANTA MONICA BLVD. & MELROSE AVE.
- CURRENTLY OCCUPIED BY A BEAUTY SALON WITH A LEASE THRU 2029
- OUTSTANDING WALKING SCORE OF 97!!!
- EXCELLENT CAR TRAFFIC COUNTS; OVER 30,000 CARS PER DAY AT THIS INTERSECTION.
- SITUATED WITHIN WEST HOLLYWOOD; JUST EAST OF BEVERLY HILLS.
- GOOD FRONTAGE; OVER 40 FEET ALONG FAIRFAX AVE. & 65 FEET ALONG ROMAINE ST.
- JUST NORTH OF FAIRFAX HIGH SCHOOL.
- GREAT DEMOGRAPHICS; APPROX. 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & APPROX. 275,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Shopfront
Property Size
1,220 sq ft
Costar Property Class
C
Year Built
1971
Tenancy
Single
Number of Floors
1
Plot ratio
0.56
Total Plot Size
0.05 ac
Use Class
R3C-C - Two-Family Dwellings R1 Uses, Home Occupations with commercial overlays
Parking
6 Spaces (4.92 Spaces per 1,000 sq ft Leased)
Frontage
40 ft on N Fairfax Avenue
AMENITIES
- Corner Lot
- Tenant Controlled HVAC
- Monument Signage
Walk Score®
Excellent pedestrian access (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5530-012-023 | Improvements Assessment | £317,369 |
| Land Assessment | £1,507,503 | Total Assessment | £1,824,872 |
PROPERTY TAXES
Parcel Number
5530-012-023
Land Assessment
£1,507,503
Improvements Assessment
£317,369
Total Assessment
£1,824,872
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NNN Leased Investment Opportunity in WeHo | 1000 N Fairfax Ave
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