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829 S San Pedro St 12,718 SF 100% Leased Retail Building Los Angeles, CA 90014 $6,495,000 ($510.69/SF)
Investment Highlights
- Discover a prime investment opportunity in the heart of Downtown Los Angeles.
- This Building is a two-story structure, with each floor having a 12-foot height, and it is located in the heart of downtown LA.
- this fully leased, dynamic retail hub offers unmatched exposure in one of the world’s most vibrant cities.
- 12-foot-high strip mall is uniquely situated between San Pedro and San Julian Streets, offering dual access points from both thoroughfares.
- Spanning an entire block bordered by East 8th and East 9th Streets.
- With immense potential for growth and a stellar location, this property is a rare gem in the LA commercial landscape.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,718 SF
Building Class
C
Year Built
1971
Price
$6,495,000
Price Per SF
$510.69
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
M2-2D - Property is zoned industrial, but there are grandfather retail and restaurant uses
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5145-009-026 | Improvements Assessment | $1,382,978 |
| Land Assessment | $1,623,497 | Total Assessment | $3,006,475 |
Property Taxes
Parcel Number
5145-009-026
Land Assessment
$1,623,497
Improvements Assessment
$1,382,978
Total Assessment
$3,006,475
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829 S San Pedro St
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