BANKRUPTCY SALE | SUBJECT TO COURT APPROVAL Kidder Mathews is pleased to present the exclusive listing of 1040 South Los Angeles Street, centrally located in Downtown Los Angeles. This property is a two-story mixed-use retail and office property located just off the signalized intersection of Los Angeles Street and East 11th Street. The Property is broken up into two structures with 18 commercial units (9 units per building). The unit sizes average 270 SF per unit, allowing an investor to maximize the rent per foot obtained. Currently, the Offering operates at 72% occupancy with impressive rental rates locked in. Developed in 2016, the building is mostly filled with pop-up shops and anchored by Earth Bean Coffee, which occupies two suites that front Los Angeles Street on the north structure. There are also two bathrooms located in the back of the site. The tenants are on short-term leases, allowing an owner-user to occupy a range of spaces within the property. Additionally, this is the ideal asset for value-add investors seeking to reposition the property for higher yields. With minimal deferred maintenance, this Property is fully turnkey with strong in-place cash flow. It offers the ideal suite sizes for a variety of tenants, mitigating the downside in any vacancy turnover