120-128 E 11th St - Distribution FOR SALE


Los Angeles, CA 90015
$2,900,000 USD
213-747-4151
120-128 E 11th St, Los Angeles, CA for Sale
$2,900,000 USD
Distribution - FOR SALE
1/11
null | 3.01% Cap Rate

120-128 E 11th St
Los Angeles, CA 90015


HIGHLIGHTS

  • Reduced! Prime Fashion District Investment Opportunity
  • Fantastic Upside Potential!
  • Includes Secure, Gated Parking Lot for 12± Vehicles
  • Just 8 Blocks East of Crypto.com Arena and LA LIVE

OVERVIEW

Price reduced!n Seller motivated! Commercial property purchase opportunity with upside potential. Prime DTLA Fashion District location, adjacent to the South Park District. Ideal for owner/user/investor. 4 retail stores: 2 occupied and 2 vacant. Pro forma $87,228 NOI — 3.01% cap rate. Includes secure, gated parking for 12± vehicles off the alley. 110.2’ frontage on 11th Street. Just 8 blocks east of Crypto.com Arena, LA LIVE, and the Los Angeles Convention Center. Easy access to all DTLA freeways. Numerous new residential developments within a few blocks.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

3.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DTLA Fashion District Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,753

ZONING

M2-2D

APN/PARCEL ID

5139-016-026

ASK ABOUT THIS PROPERTY

Jeff LusterMajor PropertiesMore Info
213-747-4151

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Jeff LusterMajor PropertiesMore Info
213-747-4151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.