1150 E 12th St - Showroom FOR SALE


Los Angeles, CA 90021- Fashion District
$1,499,000 USD
213-792-7007
1150 E 12th St, Los Angeles, CA for Sale
$1,499,000 USD
Showroom - FOR SALE
1/18
null | 6.92% Cap Rate

1150 E 12th St
Los Angeles, CA 90021
Fashion District


HIGHLIGHTS

  • 100% Occupied - Investment Opportunity
  • Between San Pedro St and Central Ave
  • 3 Units with approximately ±1,653 SF each

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Water, Heating

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14

LAND SF

6,098

ZONING

LAM2

APN/PARCEL ID

5132-016-011

ASK ABOUT THIS PROPERTY

Frank LahijaniGlobal Commercial Real EstateMore Info
213-792-7007

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Frank LahijaniGlobal Commercial Real EstateMore Info
213-792-7007

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