1212 S San Pedro St - Storefront Retail/Office FOR SALE


Los Angeles, CA 90015- Fashion District
$3,400,000 USD
626-674-7368
1212 S San Pedro St, Los Angeles, CA for Sale
$3,400,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | 5% Cap Rate

1212 S San Pedro St
Los Angeles, CA 90015
Fashion District


HIGHLIGHTS

  • Located in the heart of the Fashion District. Few blocks from the 10 Freeway and only mins from Downtown LA.
  • Long-term single NNN tenant since 1998.
  • Total 7 units (A-G). The units from A to E is 1,540 sqft per unit. Units F & G are 1,510 sqft per unit.
  • Each unit includes 1 bathroom along with front and back windows and door for entrances.
  • 11 parking spaces.
  • The property was appraised at $3,400,000.

OVERVIEW

Prime Investment Opportunity in the heart of the Fashion District. This is an exceptional property with a long-term single NNN tenant since 1998, with the lease ending in November 2025. This property located on a high-traffic and surrounded by major retailers. It situated on a 14,065 sqft lot with total 7 units (A-G). The unit begins with Unit 1212-A (Fashion ONE) continues to Unit 1212-G (blu:m). The units from A to E is 1,540 sqft per unit. Units F & G are 1,510 sqft per unit. This is zoned for light industrial use with 11 parking spaces. The building was fully renovated in 2000. Each unit includes 1 bathroom along with front and back windows and door for entrances. This property is conveniently located just few block away from the 10 Freeway and only minutes from Downtown LA's vibrant culinary scene, diverse shops, and essential amenities. The property was appraised at $3,400,000. Approximate 5% cap rate.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$529 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,065 SF

ZONING

M2

APN/PARCEL ID

5133-015-005

ASK ABOUT THIS PROPERTY

Jenny XuJenny XuMore Info
626-674-7368

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Jenny XuJenny XuMore Info
626-674-7368

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