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Executive Summary

• First time on the market in approx. 50 years
• Extremely rare for a property to hit the market on this historic block
• Located in the center of the best block on Fairfax Ave, directly in front of the crosswalk
• A few doors down from World Famous Canters Deli and blocks away from The Grove
• Extremely high ceilings and manageable space sizes

Financial Summary (Actual - 2026)

Annual Annual Per SF
Gross Rental Income $267,240 $87.91
Other Income - -
Vacancy Loss - -
Effective Gross Income $267,240 $87.91
Net Operating Income - -

Financial Summary (Actual - 2026)

Gross Rental Income
Annual $267,240
Annual Per SF $87.91
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $267,240
Annual Per SF $87.91
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,950 SF
Building Class
C
Year Built
1946
Price
$4,200,000
Price Per SF
$848.48
Cap Rate
6.36%
NOI
$267,240
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.11 AC
Zoning
C2-1 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr.
Parking
4 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
35’ on N Fairfax Ave

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Schwartz Bakery
  • Manufacturing
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Schwartz Bakery Manufacturing - - -
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100

Nearby Major Retailers

The Coffee Bean & Tea Leaf
Blue Bottle Coffee
Whole Foods Market
Trader Joe's
Citi
U.s. Bank Branch
Commercial Bank Of California
Pacific Premier Bank
Chase Bank
Bank of America

Property Taxes

Property Taxes

Parcel Number
5527-031-020
Land Assessment
$337,142 (2025)
Improvements Assessment
$168,983 (2025)
Total Assessment
$506,125 (2025)
  • Listing ID: 41127602

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 433 N Fairfax Ave, Los Angeles, CA 90036

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