$4,950,000
About this home
Rare opportunity to acquire an extensively reconstructed mixed-use retail and office property in the heart of Downtown Los Angeles' Fashion District. Situated on a signalized corner location, the property consists of approximately 15,229 square feet of retail storefronts and second-floor office suites. Following a 2009 fire, the building underwent substantial reconstruction and modernization including structural repairs, new roof systems, electrical upgrades, plumbing replacement, HVAC installation, elevator replacement, restroom reconstruction, and numerous building-wide improvements. Plans, permits, and final inspections are available. The property is occupied by long-term tenants operating primarily on month-to-month lease agreements, providing future ownership with significant flexibility and rental upside potential. Ownership has generally not implemented significant rent increases for approximately ten years, creating substantial mark-to-market opportunity. Prime Fashion District location near California Market Center, Santee Alley, LA Live, Crypto.com Arena, and the Los Angeles Convention Center. LAM2 zoning. Owner-user and value-add investment opportunity.
Facts & features
- Bathrooms
- 0
- Heating
- Electric, Wall Furnace
- Laundry
- None
- Lot size
- 0.179 acres (7,816 sq ft)
- Year built
- 1922
- Area
- C 42 - Downtown L.A.
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 20
- Listed
- 2026-06-15
- Original price
- $5,750,000
- Parcel #
- 5145020005
- MLS #
- 26850005
