A 1801 Blake Ave 20,000 SF 100% Leased Flex Building Los Angeles, CA 90039 $14,500,000 ($725/SF) 5% Cap Rate

1801 Blake Avenue is a premier creative retail asset located in the heart of the Elysian Valley / Frogtown submarket of Los Angeles. The property consists of approximately 20,000 square feet of retail space situated on a 26,700 square-foot lot, offering a rare combination of scale, architectural character, and irreplaceable land fundamentals in one of Los Angeles' most supply constrained corridors.
Originally constructed in 1927, the building has been thoughtfully repositioned to meet modern tenant demand. The property features exposed wood bow-truss ceilings, polished concrete floors, abundant natural light, and flexible open-floor layouts that cater to creative, lifestyle, and experiential retail users.
The asset is currently configured into 10 retail suites, providing diversified income while maintaining strong upside through future mark-to-market opportunities. The property is zoned LACM, allowing for a wide range of commercial and creative uses. It also benefits from excellent freeway access via the Golden State Freeway (1-5) and close proximity to Silver Lake, Atwater Village, Los Feliz, and Downtown Los Angeles.
The surrounding area has experienced significant tenant demand from boutique retailers, fitness concepts, creative offices, and food and beverage operators seeking authentic space in walkable, high-barrier submarkets.
1801 Blake Avenue represents a compelling opportunity for investors seeking stabilized creative retail asset with strong in-place tenancy, long-term rent growth potential, and durable real estate fundamentals in one of Los Angeles most dynamic and evolving neighborhoods.