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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.
Property Type(s):
Commercial
| Last Updated | 7/5/2026 | Year Built | 1922 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Price History
| Prior to Jul 5, '26 | $5,750,000 |
|---|---|
| Jul 5, '26 - Today | $4,950,000 |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | C42 - Downtown L.A. |
| CONSTRUCTION | Brick |
| HEAT | Electric, Wall Furnace |
| INTERIOR | Elevators, PhoneSystem, TvSystem |
| LOT | 7815 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 7816 |
| STORIES | 2 |
| UTILITIES | Electricity Available |
| WATER | Public |
Location
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Listed with K2 Investment Inc.
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