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
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