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Harkham Family Acquires Fairfax Property For $17.1M With Brokers Jay Luchs & Genny Chang

157 South Fairfax
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This Retail property located in CA was sold for $17,100,000 about 2002 years ago. The brokers of the deal were Genny Chang and Jay Luchs

The property located at 157 S Fairfax in Fairfax has been sold in a transaction that closed on 2/20/22. The property spans 13,000 square feet and was sold for a total price of $17.1 million. This translates to a price per square foot of $1,315.

Summary of transaction details

  • Property Type: Sale
  • Transaction Amount: $17.1M
  • Square Footage: 13,000
  • Address: 157 S Fairfax
  • Market: Fairfax
  • Date: 2/20/22

The buyer of the property is the Harkham Family, while the seller is K G Fairfax Properties. The deal was facilitated by brokers Jay Luchs and Genny Chang of Jay Luchs Group at Newmark.

Notably, the property is situated directly across from the Farmers Market on Fairfax and is adjacent to Trader Joe's.

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Deals
  • Location
    157 Fairfax Avenue, Los Angeles, California 90036, United States157 Fairfax Avenue, Los Angeles, California 90036, United States
  • Sale Price
    $17,100,000$17,100,000
    $1,315 PPSF$1,315 PPSF
  • Area
    13,000 SF13,000 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Genny Chang

Genny Chang

Deals1
Sold$17.1M

Jay Luchs

Jay Luchs

Deals22
Financed$794.9M

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

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Deal Summary

SALE IMAGE: Jay Luchs, Aron Harkham, and Genny Chang ADDRESS: 157 S Fairfax MARKET: Fairfax DATE: 2/20/22 BUYER: Harkham Family SELLER: K G Fairfax Properties BROKERS: Jay Luchs & Genny Chang of Jay Luchs Group @Newmark PRICE: $17.1M ~ PPSF $1,315 SF: 13K NOTE: The property is located directly across from the Farmers Market on Fairfax, adjacent to @TraderJoes.

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157 South Fairfax

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