1048–1052 S. Los Angeles Street presents a rare opportunity to acquire an extensively reconstructed mixed-use retail and office asset in the heart of Downtown Los Angeles' Fashion District. Following a 2009 fire, the property underwent substantial rebuilding and modernization including structural repairs, new roof systems, electrical upgrades, plumbing replacement, HVAC installation, elevator replacement, restroom reconstruction, and building-wide improvements. Plans, permits, and final inspections are available. The property is currently occupied by long-term tenants operating primarily on month-to-month lease agreements. Ownership has generally not implemented significant rent increases for approximately ten years, creating substantial mark-to-market rental upside and future NOI growth potential. The combination of stable in-place cash flow, extensive capital improvements, owner-user flexibility, and significant rental upside creates a compelling value-add investment opportunity. Offering Price: $5,750,000 ($378/SF) Current NOI: Approximately $254,790 Current Cap Rate: Approximately 4.4% Building Size: ±15,229 SF Zoning: LAM2