Property Listing No Longer Available for Sale

1048 S Los Angeles Street, Los Angeles, CA

Retail for Sale - $4,950,000 - 15,229 Sq. Ft. on 0.18 acres


Property Info

CIMLS#1130617
Location
  1048 S Los Angeles Street
  Los Angeles CA 90015
UpdatedAugust 5th, 2022
TypeRetail
Price$4,950,000
Building15,229 Sq. Ft.
Land0.18 acres

Property Description

Mostly Rebuilt in 2009.

Remodel includes new roof, plumbing, electrical, HVAC, elevator, floors, walls, drywall, frames and insulation. Within a mile of the Staples Center, LA Live, LA Convention Center, Santee Alley and the Flower Market, 1048 South Los Angeles is an almost fully occupied office/retail building located at the corner of Los Angeles Street and 11th in the heart of Downtown’s Fashion District. The property consists of 15 units – 7 office suites above 8 ground-floor retail units. A great opportunity exists for an owner/user to occupy the building or for an investor to increase value by repositioning the asset.


Financials



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