Homes for sale - 1212 S San Pedro ST, Los Angeles, CA 90015

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Tracy Thrower Conyers

eXp Realty

team@homesforsalebeachcities.com +1(424) 229-1634

$3,400,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25090730

HOA Y/N No

Year Built 1965

Lot Size 0.323 Acres

Property Sub-Type Retail

Property Description

Prime Investment Opportunity in the heart of the Fashion District. This is an exceptional property with a long-term single NNN tenant since 1998, with the lease ending in November 2025. This property located on a high-traffic and surrounded by major retailers. It situated on a 14,065 sqft lot with total 7 units (A-G). The unit begins with Unit 1212-A (Fashion ONE) continues to Unit 1212-G (blu:m). The units from A to E is 1,540 sqft per unit. Units F & G are 1,510 sqft per unit. This is zoned for light industrial use with 11 parking spaces. The building was fully renovated in 2000. Each unit includes 1 bathroom along with front and back windows and door for entrances. This property is conveniently located just few block away from the 10 Freeway and only minutes from Downtown LA's vibrant culinary scene, diverse shops, and essential amenities. The property was appraised at $3,400,000. Approximate 5% cap rate.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Phone Connected, Sewer Connected

Roof Type Flat

Total Parking Spaces 11

Building

Lot Description 6-10 Units/Acre, No Landscaping, Street Level, Walkstreet

Story 1

Water Public

Others

Tax ID 5132012003

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Jenny Xu • RE/MAX MASTERS REALTY • 626-674-7368

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Tracy Thrower Conyers

+1(424) 229-1634

Broker Associate, JD | License ID: 01712960

Broker Associate, JD License ID: 01712960

1212 S San Pedro ST Los Angeles, CA 90015

Tracy Thrower Conyers

Key Details

Location

Interior

Exterior

Building

Others