1016 S Santee St - Storefront FOR SALE


Los Angeles, CA 90015- Fashion District
$6,000,000 USD
714-883-6875
1016 S Santee St, Los Angeles, CA for Sale
$6,000,000 USD
Storefront - FOR SALE
1/17
null | 5.06% Cap Rate

NEW


1016 S Santee St
Los Angeles, CA 90015
Fashion District


HIGHLIGHTS

  • Occupy Entire 2nd Floor with Ground Floor Retail Income
  • Prime DTLA Fashion District Location with Santee Alley Frontage
  • 7,000 SF Renovated 2nd Floor Office/Flex Space: 5 Units
  • 1-Mile East of Crypto.com Arena & LA LIVE

OVERVIEW

14,000 SF 2-story building with Santee Alley frontage. Ground floor retail + freshly remodeled 2nd floor office or flex space. Prime location above Santee Alley; just south of 11th Street. HVAC throughout offices — Light and bright! Natural light with skylights. Abundant neighborhood contract parking available. Excellent signage and visibility! Zoned LA M2. 7,000 SF 2nd floor office/showroom space currently available for lease at $1.50 per SF MG ($0.75 per SF for first 6 months). Divisible to 509, 635, 827, 1,105 and 2,550 SF. Current $303,493 NOI. Contact broker for rent roll.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$429 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DTLA SBA Opportunity! 2-Story Retail/Office

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,403 SF

ZONING

M2, Los Angeles

APN/PARCEL ID

5145-020-034

ASK ABOUT THIS PROPERTY

Jesse McKenzieMajor PropertiesMore Info
714-883-6875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jesse McKenzieMajor PropertiesMore Info
714-883-6875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.