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109 North Fairfax Avenue

Retail Property At 109 North Fairfax Avenue Sold For $3.205 Million In Los Angeles
SOLDRetail

Retail Property At 109 North Fairfax Avenue Sold For $3.205 Million In Los Angeles

109 North Fairfax Avenue

$3,205,000

$1,068/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Jan 28, 2026

AI

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

David Passman

The Passman Group

Broker

$22.1M

vol

6 deals

Broker

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.95%

Cash-on-Cash

-1.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93