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846-848 Wall St 6,300 SF 100% Leased Retail Building Los Angeles, CA 90014 $2,900,000 ($460.32/SF) 5.05% Cap Rate



Investment Highlights
- Prime location in the Los Angeles Fashion District with strong retail and wholesale synergy
- Surrounded by a dense population base and thriving business community
- Excellent street frontage and visibility in a high-traffic commercial corridor
Executive Summary
Two-tenant building generating consistent income: Unit 846 income $6,000 and Unit 848 income $6,200.
Also available for lease!
Also available for lease!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,300 SF
Building Class
C
Year Built
1995
Price
$2,900,000
Price Per SF
$460.32
Cap Rate
5.05%
NOI
$146,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.30
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
M2 - Light Industrial
Frontage
38’ on Wall Street
Amenities
- Mezzanine
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5145-010-003 | Improvements Assessment | $284,083 |
| Land Assessment | $670,195 | Total Assessment | $954,278 |
Property Taxes
Parcel Number
5145-010-003
Land Assessment
$670,195
Improvements Assessment
$284,083
Total Assessment
$954,278
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846-848 Wall St
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