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604 E 12Th Street

Los Angeles, CA 90015

$2,600,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1936

calendar_month Built

Property Description

This is an ideal owner user or investment opportunity in the heart of the FashionDistrict in Downtown Los Angeles at 604-610 E12th St between San Julian St & San Pedro St. The subject property features a 6,750 SF building with two retail spaces currently occupied on short-term leases with no option periods, offering flexibility to an owner user to occupy half or the entire building, or an investor to execute new leases at market rents. The current tenants are both clothing wholesalers with lease expirations of 12/31/2025. The site benefits from alley access and has four gated parking spaces at the rear of the property. Ownership recently painted the exterior of the building. Tenants benefit from both the foot and car traffic along E 12th St; one mile from the LA ConventionCenter, Crypto.com Arena, and LA Live. The Fashion District continues to be the heart of commerce in Downtown Los Angeles with local businesses thriving in the neighborhood; the area has also benefited from expanded residential development in Downtown LA.

Listing Information

List Price $2,600,000
Status Active
MLS 24449733
HOA $0
Type Commercial
Year Built 1936
Lot Size 7,472
Structure Size N/A
DOM 45
Courtesy Of Marcus & Millichap
Listing Agent Neema Ahadian DRE#01346750

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

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Listing information courtesy of: Neema Ahadian, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 5:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.