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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 2,600,000

Est. payment -/mo

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Active

604 E 12th ST Los Angeles, CA 90015

6,750 SqFt

UPDATED:

10/07/2024 05:51 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $385

MLS Listing ID 24449733

HOA Y/N No

Year Built 1936

Lot Size 7,470 Sqft

Property Description

This is an ideal owner user or investment opportunity in the heart of the FashionDistrict in Downtown Los Angeles at 604-610 E12th St between San Julian St & San Pedro St. The subject property features a 6,750 SF building with two retail spaces currently occupied on short-term leases with no option periods, offering flexibility to an owner user to occupy half or the entire building, or an investor to execute new leases at market rents. The current tenants are both clothing wholesalers with lease expirations of 12/31/2025. The site benefits from alley access and has four gated parking spaces at the rear of the property. Ownership recently painted the exterior of the building. Tenants benefit from both the foot and car traffic along E 12th St; one mile from the LA ConventionCenter, Crypto.com Arena, and LA Live. The Fashion District continues to be the heart of commerce in Downtown Los Angeles with local businesses thriving in the neighborhood; the area has also benefited from expanded residential development in Downtown LA.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAM2

Interior

Fireplace No

Building

Story 1

Others

Tax ID 5145026012

Special Listing Condition Standard

Listed by Neema Ahadian • Marcus & Millichap

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

604 E 12th ST Los Angeles, CA 90015

Key Details

Location

Interior

Building

Others

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604 E 12th ST