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1040 S Los Angeles St
Los Angeles, CA 90015
Seller Will Entertain All Offers · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Ideal Micro Units for Optimal Rent
  • Owner/User Opportunity
  • Open Air Space
  • Secured Property
  • New Construction
  • Easy Freeway Access

EXECUTIVE SUMMARY

***Seller Will Entertain All Offers***
Kidder Mathews is pleased to present for sale 1040 S Los Angeles Street in Downtown Los Angeles. This offering consists of 18 micro units averaging 275 square feet. This unit is ideal in maximizing the rent collected per unit. There is significant upside in potential rent. Each unit has soaring ceilings and a mezzanine area that is ideal for a private office space. In addition, there is also the ability for an Owner/User to combine suites in order to fit their needs.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
2016
Price
$3,500,000
Price Per SF
$583.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.16 AC
Zoning
M2-2D
Frontage
47’ on Los Angeles St.

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Courtyard
  • Fenced Lot
  • Mezzanine
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5145-020-057
Land Assessment
$1,935,033
Improvements Assessment
$1,111,373
Total Assessment
$3,046,406
  • Listing ID: 28666876

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 1040 S Los Angeles St, Los Angeles, CA 90015

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