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 | |
Updated | August 5th, 2022 |
Type | Retail |
Price | $4,950,000 |
Building | 15,229 Sq. Ft. |
Land | 0.18 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.