1150 E 12th Street is a single-story, 3-unit industrial building located in Downtown Los Angeles’ Opportunity Zone. The structure offers approximately 4,960 SF of rentable area and sits on approximately 5,881 SF of land. It is well-suited for a wide range of uses, from light industrial manufacturing to retail.
The site consists of 3 units, each with approximately 30% office space and 70% warehouse or storage space. It is situated in close proximity to the Fashion District, with easy access to the 10, 5, 110, and 101 freeways, all just minutes away.
The tenant currently pays $11,000 per month and the lease will expire on April 30, 2026. The tenant is willing to renew the lease for an additional five years. The proposed renewal terms include a monthly rent of $11,000 for the first two and a half years, followed by an increase to $11,500 per month for the remaining two and a half years.