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751 N Fairfax Ave Los Angeles, 90046


UNPARALLELED RARE opportunity to purchase high quality ground floor commercial use portion of the Cherokee Mixed-Use Lofts which is centrally located between Melrose Avenue and Santa Monica Blvd. The space is artfully configured and has been highly improved with a focus on high quality design and finishes. This Property's "newer" (2009) construction features excellent secure/enclosed parking, and the non-exclusive use of rooftop patio, accessed from an elevator, featuring spectacular 360 degree views of the "Hollywood" sign to the ocean, and Downtown LA. The location, roof top deck, and high quality designer improvements make this a trophy property and almost impossible to re-create. This Property was constructed from the ground up in 2009 comprising +/- 2,410 sf of ground floor space plus an additional +/- 700 sf of ground floor storage with high ceilings. The ground floor units are possible to subdivide. Per the CC&R's this space can legally be divided into 3 separate units. The ground floor space features high quality, cutting edge design, and is currently used as production offices. The space is currently configured with seven offices, common area with kitchenette, Cat 6 ,fiber-optics, and abundant gated parking directly behind, plus two additional parking spaces off the alley (subject to the CC&R's rules and regulations). This space is spectacular with excellent frontage on Fairfax Avenue featuring high ceilings throughout, exposed concrete walls, floors, and ceilings. The condominiums located above are not included in this offering. History of the Cherokee Mixed-Use and Lofts The Cherokee Lofts development pays homage to its significant Hollywood and musical history of what once was the Cherokee Recording Studios, MGM Studios before it, and all the iconic artists who've recorded music on this site. This includes Frank Sinatra, David Bowie, Dave Matthews, and more. The Cherokee Mixed-Use Lofts are a mixed-use, market-rate housing project inspired by the series of paintings by the British artist Patrick Hughes, titled “Perspectivity”. Hughes’ paintings are known to appear ever changing and physically moving while being viewed. At Cherokee, the main architectural feature of this project is the building’s owner-controlled operable double façade system. Like many features of the building, the façade is multivalent and rich with meaning performing several roles for formal, functional and experiential effect. The perforated anodized aluminum panels of the building create an ever- changing screen that sparkles in the sun and glows at night, while simultaneously providing shade to cool the building, reducing noise, enhancing privacy, and still allowing for spectacular views, great natural light and ventilation from ocean breezes which pass through its millions of perforations even when all panels are closed. Furthermore, Cherokee is the first LEED (Leadership in Energy and Environmental Design) Platinum Certified building in Hollywood and is the first LEED Platinum Certified mixed-use or market rate multi-family building in Southern California. The building distinguishes itself from most conventionally developed projects in that it incorporates energy efficient measures that exceed standard practice, optimize building performance, and ensure reduced energy use during all phases of construction and occupancy. By allowing the occupant to adjust, at will, the operable screens of the building facade, the facade is virtually redesigned “live” from within the space. Thus, reflecting the occupants of the building within, in real time. By visually breaking up the façade into smaller articulated moving elements, the building appears to move with the passing cars and people. The material reappears as a strategic arrangement of screens on the east, west and south-facing walls, lending a subtle rhythm to the exterior circulation.

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