1136 Santee St
Los Angeles, CA 90015
Special Servicer Sale On Santee Alley · Retail Property For Sale

KW Commercial is proud to present a VERY RARE investment opportunity provided by a Special Servicer in the heart of the Fashion District of Downtown Los Angeles. The Special Servicer received the Loan in December of 2016 due to maturity default. The offering consists of a 1-story 7,500 SF retail building on 7,513 SF M2 zoned lot. It is located on Santee St. with FOUR of the suites opening into the famous Santee Alley! The subject property consists of 8 suites. The FOUR suites opening into Santee Alley include; a Suit Store, and 3 vacancies. The suites on Santee St include; an Apparel Store, Women's Clothing Store, and 2 vacancies. This offering will attract an owner/user or an investor who is looking for a property with a unique opportunity to acquire the fee-simple interest directly from a special servicer, upside potential in rents in an in-fill location, with tremendous foot traffic. The subject property is located in the heart of the Fashion District of Downtown Los Angeles, at the south end of Santee Alley, just 5 parcels north of the signalized intersection of Santee & E. 12th St. It has great exposure along both Santee St and Santee Alley. Sante Alley is considered the "go to" location for both retail & wholesale clothing for those going to the Fashion District. The immediate area provides ample street parking and city and private parking lots. The offering is less than 1 mile from L.A. Live / Staples Center, less than 1.5 from the Financial District and just under 2 miles from the Art District. The property has easy access to the 10 & 110 Harbor Freeways.