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1152 - 1156 Santee Street, Los Angeles, CA

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1152 - 1156 Santee Street

Los Angeles, CA 90015-1722 - Greater Downtown Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1946
Building Size:6,480 SF Land Area:.17 AC (7,492 SF)
For Sale Price:$8,950,000 Price/SF:$1,381.17
Cap Rate:4.34 %

Sale Notes:
Anvers Capital Partners in association with KW Commercial are proud to present the sale of 1152-1156 Santee St, in Downtown Los Angeles. Situated on Between Santee St and Santee Alley, this subject property offers potential investors the rare opportunity to own a property on one of the most foot trafficked and famed locations within California.
This pride of ownership asset is located just north of 12th St, nestled between Santee St and Santee Alley. The property consists of 6 retails suites in total, and has experienced historically low vacancies due mainly to its highly coveted location and accessibility.
Priced at $8,950,000, and a 4.34% Capitalization rate on market, the investment offers not only the opportunity for an investor to own an appreciating asset in one of the most desirable locations of Los Angeles, but also the opportunity to enjoy cash flow with the potential of increasing returns as Downtown continues on its growth trajectory.
Centrally located within Downtown Los Angeles' s famed Fashion District, the subject property benefits from extremely favorable demographics, a high walking-score, and great access to various modes of transportation. In all, 1152-1156 Santee defines pride of ownership, all while benefiting from tremendous investment potentials and various exit strategies.

Located on the World Famous Santee Alley Strip
One of the most foot trafficked locations in all of Los Angeles
Tremendous Continual demand for retail space
Pride of Ownership Asset
Various Exit opportunities as an investment
Highly favorable demographics

Keller Williams
Reza Ghobadi
(818) 657-6500

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