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501 E 11th St 19,800 SF 100% Leased Retail Building Los Angeles, CA 90015 $4,500,000 ($227.27/SF) 4% Cap Rate

Mixed Use Properties California Los Angeles 501 E 11th St, Los Angeles, CA 90015

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INVESTMENT HIGHLIGHTS

  • Heavy Daytime Traffic
  • Fashion District

EXECUTIVE SUMMARY

Prime owner user and investment property. 1 story plus mezzanine in some of the 11 units built in 1969

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,800 SF
Building Class
C
Year Built
1969
Price
$4,500,000
Price Per SF
$227.27
Cap Rate
4%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.46 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
M2-2D - Permitted uses in the M2-2D zone include M1 and Mr2 uses. The subject's existing use as multi retail building with rooftop parking is allowed i the M2
Parking
47 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
151’ on E 11th St

AMENITIES

  • Bus Line
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • JZ Jeans
  • -
  • -
  • -
  • -
  • Kt Clothing
  • -
  • -
  • -
  • -
  • New Shine Fashion
  • Retailer
  • -
  • -
  • -
  • Style Cornerstone
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
JZ Jeans - - - -
Kt Clothing - - - -
New Shine Fashion Retailer - - -
Style Cornerstone - - - -
1 1
Walk Score®
Very Walkable (82)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of Hope
9Round Fitness
Starbucks
U.S. Bank
Chase Bank
Bank of America
King Taco Restaurant Inc
Yoshinoya
Grocery Outlet
Kelly's Coffee & Fudge Factory

PROPERTY TAXES

Parcel Number 5145-019-020 Improvements Assessment $1,270,000
Land Assessment $5,500,000 Total Assessment $6,770,000

PROPERTY TAXES

Parcel Number
5145-019-020
Land Assessment
$5,500,000
Improvements Assessment
$1,270,000
Total Assessment
$6,770,000
(818) 613-1641

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 31199039

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 501 E 11th St, Los Angeles, CA 90015

More public record information on 501 E 11th St, Los Angeles, CA 90015

The Fashion District Retail Property at 501 E 11th St, Los Angeles, CA 90015 is currently available. Contact Alpha Commercial Real Estate for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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501 E 11th St
(818) 613-1641 x

501 E 11th St

Viken Sanossian
(818) 613-1641

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