914 N Fairfax Ave Retail Property Sells For $2.66M In West Hollywood I South Park Group & CityStreet Commercial Represented The Buyer And Seller

The retail property located at 914 N Fairfax Ave in West Hollywood / Fairfax Village has been sold in a closed transaction. The property, with a total area of 4,932 square feet, was purchased for a price of $2,660,000, resulting in a price per square foot of $539.33. The buyer of the property is 914 N Fairfax LLC, while the seller is GR Real Estate LLC. The transaction was facilitated by brokers Steve Ravan from South Park Group Commercial and Elan Kermani from CityStreet Commercial.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,660,000
• Address: 914 N Fairfax Ave
• Market: West Hollywood / Fairfax Village

This property sale was an owner-user transaction, with the buyer planning to occupy a portion of the retail and office space. The area surrounding this property has become a vibrant retail and food hub in West Hollywood and the Beverly Grove area. Some notable tenants in the vicinity include Blue Bottle Coffee, Malbon Golf, Aseop, Supreme, HUF, Jon and Vinny's, Badmaash Indian, and The Hundreds.