Nancy DuShane-Bank
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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.
This listing consists of 5 contiguous properties equaling 2.31 Acres. Contact listing agent for a password protected offering memorandum. Properties are in the South Park area next to LA Live and Crypto.com arena. 5138-005-0335138-005-008 5138-005-0345138-004-0105138-003-015
Changed to appraisal (bank and buyer) market PRICE not listing price. IT IS A GREAT BUILDING TO BUID A MIXED USED THE AREA EXPANED A LOT AREAL CITY ROAD PASSING ON WASHINGTON BLVD. GOEING TO LONG BEACH AND EAST AND WEST A FEW BLOCK FROM USC university a block away from Faction District of millions transaction per day and Flower district and jewelry district all culture business people above all there is anything you need for your business in this area above all the labor availability is great at your just phone call can run the business great. close to 4 major FREEE WAY north, south, east, west, LAX AIRPORT OR BURBANK AIRPORT OR ORANGE COUNTY AIRPORT. MOCH MORE PLEASE CALL FOR MORE INFO.
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