818 S Los Angeles St - Retail FOR SALE


Los Angeles, CA 90014- Flower District
$2,500,000 USD
909-910-6656
818 S Los Angeles St, Los Angeles, CA for Sale
$2,500,000 USD
Retail - FOR SALE
1/33
null | Request Cap Rate

818 S Los Angeles St
Los Angeles, CA 90014
Flower District


HIGHLIGHTS

  • Well-maintained building in the heart of the Fashion District
  • Turnkey clean retail interior.
  • Approximately 65ft of window frontage in a high foot traffic street (over 9,000 cars per day).
  • Over 30+ years of continuous fashion and formalware tenancy at the same address.
  • 2 Retail tenants with leases expiring on 12/31/27.

OVERVIEW

There are 13 major districts in Downtown LA (Historic Core, Arts District, Bunker Hill, Civic Center, Financial District, South Park, Little Tokyo, Fashion District, Toy District, Skid Rod, Wholesale District, Chinatown and Jewelry District); each of these districts formed originally over time, driven primarily by historical economic activities, land use/zoning, and immigrant communities. The Subject Property is located in LA's Fashion District, which has been a vital economic hub in Downtown and the City of Los Angeles dates to the early 1900s when garment manufacturing was a major industry in the city. The district started as a cluster of factories and warehouses that produced flowers, clothing, textiles, and accessories. In the 1920s, the district progressed into a wholesale market area as manufacturers and designers began to sell their products directly to retailers. The district continued to grow and expand over the decades, becoming a hub for emerging and independent fashion labels. Securing the Fashion District as one of the City's cultural heritage cornerstones and an essential destination for buyers, visitors, and residents worldwide.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,015 SF

ZONING

HM1-CHC1-5, CX3-FA, CPIO

APN/PARCEL ID

5145-013-001

ASK ABOUT THIS PROPERTY

Jamie HarrisonLee & Associates - PasadenaMore Info
909-910-6656

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Jamie HarrisonLee & Associates - PasadenaMore Info
909-910-6656

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