829 South San Pedro, Los Angeles, CA
Retail for Sale - 12,359 Sq. Ft. on 11395 acres
Property Info
| CIMLS# | 549448 |
| Location 829 South San Pedro Los Angeles CA 90014 | |
| Updated | February 28th, 2013 |
| Type | Retail |
| Price | Upon Request |
| Building | 12,359 Sq. Ft. |
| Land | 11395 acres |
Property Description
Prime downtown Los Angeles flower and garment district location with 6,500 square feet 12" ceiling height and (per owner) a permitted second story of 5,500 square feet where owner is running his garment business. Will be delivered vacant at the close of escrow which. Also, it has a 740 square foot spot which is currently rented to a Mexican restaurant generating monthly income. The property has 8-10 parking spaces which hard to find on a property in downtown Los Angeles.
Location Description:
829 San Pedro & 830 S. San Julian
Between 8th and 9th street in heart of downtown Los Angeles with two street access. On east side at 829 S. San Pedro and on west side at 830 San Julian street which is located in a active, heavy foot traffic area.
Highlights:
>> Prime Downtown Los Angeles Location
>> Can be used as an Owner User with Income or Investment Opportunity
>> Large Lot
>> 8-10 Parking Spaces
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Financials
Sales Info:
>> Cap rate: 1.08%
>> Commision split: 2.0%
>> NOI: $42000