Retail Property At 109 North Fairfax Avenue Sold For $3.205 Million In Los Angeles
SOLD
California
See Similar DealsRetail3,000 SF
Sold 01/28/2026
SOLD
Retail Property At 109 North Fairfax Avenue Sold For $3.205 Million In Los Angeles
109 North Fairfax Avenue
See Similar DealsRetail3,000 SF
Sold 01/28/2026
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,068
Total Square Footage:3,000 SF
Transaction Type:Sale
The retail property located at 109 North Fairfax Avenue in Los Angeles has been sold for $3,205,000. The property encompasses 3,000 square feet, translating to a price per square foot of $1,068.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,205,000
- Address: 109 North Fairfax Avenue
- Market: Los Angeles
- Square Feet: 3,000
- Price per Square Foot: $1,068
- Seller's Representative: David Passman & Ricky Mitchell - The Passman Group
David Passman and Ricky Mitchell from The Passman Group represented the seller in this transaction, facilitating the sale process and managing negotiations throughout the deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,386.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,193.34
Annual Debt Service$182,320.02
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