On Fairfax Avenue just north of Beverly Boulevard, Los Angeles. The Leader sign is attention-getting — it got mine, anyway, when Kate and I were strolling past last March —but what is/was it about?
Answer: From 1946 through 1989, the building housed a well-known and very busy beauty shop. The L.A. Times ran a very good story on its closing: Nothing’s Permanent: Fairfax Beauty Shop Closing After 43 Years. If you’re too busy for the link, the driving factor was rising real estate prices, and the family that ran the business cashed in on their property.
The July 1989 story notes that two-bedroom apartments in the neighborhood were going for about $950 a month.