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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 Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
19,800 SF
Building Class
C
Year Built/Renovated
1969/2025
Price
$4,500,000
Price Per SF
$227.27
Cap Rate
4%
NOI
$180,000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.99
Lot Size
0.46 AC
Opportunity Zone
Yes
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

  • Corner Lot
  • Signalized Intersection
  • Air Conditioning

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 - - - -
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Bank of Hope
9Round Fitness
Starbucks
U.S. Bank
Chase Bank
Bank of America
Grocery Outlet
King Taco Restaurant Inc
Yoshinoya
MidFirst Bank

Property Taxes

Property Taxes

Parcel Number
5145-019-020
Land Assessment
$5,500,000
Improvements Assessment
$1,270,000
Total Assessment
$6,770,000
  • Listing ID: 31199039

  • Date on Market: 3/12/2024

  • Last Updated:

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

Contact the Sale Advisor

501 E 11th St

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