Property Detail
Description
Rare opportunity to acquire an extensively reconstructed mixed-use retail and office property in the heart of Downtown Los Angeles' Fashion District. Situated on a signalized corner location, the property consists of approximately 15,229 square feet of retail storefronts and second-floor office suites. Following a 2009 fire, the building underwent substantial reconstruction and modernization including structural repairs, new roof systems, electrical upgrades, plumbing replacement, HVAC installation, elevator replacement, restroom reconstruction, and numerous building-wide improvements. Plans, permits, and final inspections are available. The property is occupied by long-term tenants operating primarily on month-to-month lease agreements, providing future ownership with significant flexibility and rental upside potential. Ownership has generally not implemented significant rent increases for approximately ten years, creating substantial mark-to-market opportunity. Prime Fashion District location near California Market Center, Santee Alley, LA Live, Crypto.com Arena, and the Los Angeles Convention Center. LAM2 zoning. Owner-user and value-add investment opportunity.
Map Location
Listing provided courtesy of Bobak Kalhor of K2 Investment Inc.. Last updated 2026-07-05 08:27:57.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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