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Prime Corner DTLA Development Site 106 E 12th St 8,120 SF 100% Leased Retail Building Los Angeles, CA 90015 $5,500,000 ($677.34/SF)
Investment Highlights
- Heavy Traffic Corner Location
- Just Blocks From LA LIVE, Crypto.com Arena and the Peacock Theatre
- Numerous Mixed-Use Residential Developments in the Immediate Neighborhood
- Prime Development Potential!
Executive Summary
Prime heavy traffic corner location at 12th & Main Streets. 8,120 SF retail building on 9,170 SF of land. Zoned [HB1-G1-5] [CX3-FA] [CPIO]. Located on the border of the South Park District and Fashion District. Within walking distance of LA LIVE, Crypto.com Arena, and the Peacock Theatre. Numerous completed and planned mixed-use residential developments in the immediate neighborhood. The property is ideally positioned to capitalize on the area’s ongoing revitalization and the anticipated surge in development leading up to the 2028 Los Angeles Olympics.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,120 SF
Building Class
C
Year Built
1913
Price
$5,500,000
Price Per SF
$677.34
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.21 AC
Zoning
[HB1-G1-5][CX3-FA][CPIO]
Frontage
Amenities
- Bus Line
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ace Body Jewelry Inc
- Retailer
- -
- -
- -
- Importadora Jumbo
- Wholesaler
- -
- -
- -
- Ishoriginal
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ace Body Jewelry Inc | Retailer | - | - | - | ||
| Importadora Jumbo | Wholesaler | - | - | - | ||
| Ishoriginal | Retailer | - | - | - |
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5139-027-017 | Improvements Assessment | $244,292 |
| Land Assessment | $570,036 | Total Assessment | $814,328 |
Property Taxes
Parcel Number
5139-027-017
Land Assessment
$570,036
Improvements Assessment
$244,292
Total Assessment
$814,328
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Prime Corner DTLA Development Site | 106 E 12th St
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