Description

Sale price reduced and seller motivated—Major Properties proudly presents the Fairfax-Colgate Building, a premier opportunity in the Los Angeles office market. Renovated in 2015, this three-story, 15,624-square-foot building sits on a 9,350-square-foot lot and offers excellent signalized corner exposure with prominent signage along high-traffic Fairfax Avenue, boasting a 2025 traffic count of 35,444 vehicles per day. The property includes 2,400 SF of ground-floor retail with three restrooms, while the second and third floors each provide 5,920 SF of office space with two restrooms per floor, along with a 1,035 SF penthouse. The building measures 14,181 SF per Assessor, with a total gross area of 15,624 SF including the penthouse and stairwell. The site also features onsite surface and covered parking for 33 vehicles, complemented by abundant metered street parking nearby. Ideally located at the northwest corner of Fairfax Avenue and Colgate Avenue, the building sits across from Samy’s Camera and just three blocks south of 3rd Street, the Farmers Market, and The Grove. Park La Brea is directly across Fairfax, with approved plans for Palazzo #3 (buyer to verify), and Cedars-Sinai Medical Center and the Beverly Center are only minutes away. Additionally, the upcoming Metro Purple Line extension along Wilshire Boulevard, approximately seven blocks south, is expected to further enhance connectivity. The surrounding neighborhood includes notable destinations such as CBS Studios, Canter’s Deli, Pan Pacific Park, the Petersen Automotive Museum, LACMA, the La Brea Tar Pits, and is centrally positioned near Beverly Hills, West Hollywood, Hollywood, and the Miracle Mile.