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1154 Santee St
Los Angeles, CA 90015

Street Retail On Santee Alley · Retail Property For Sale

Investment Highlights

  • RARE OPPORTUNITY: 7,500 SF RETAIL BUILDING LOCATED ALONG THE FAMOUS SANTEE ALLEY.
  • TREMENDOUS FOOT TRAFFIC!!!
  • "SANTEE ALLEY" IS ONE OF LA'S MOST RENOWNED RETAIL & WHOLESALE FASHION DESTINATION.
  • LESS THAN ONE MILE FROM STAPLES CENTER & LA LIVE. EASY FREEWAY ACCESS TO THE 10 & 110 FREEWAYS.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
7,200 SF
Building Class
C
Year Built
1946
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.17 AC
Zoning
LAM2-2D
Frontage
50 FT on Santee St

About 1154 Santee St , Los Angeles, CA 90015

KW Commercial is proud to present a VERY RARE investment opportunity in the heart of the Fashion District of Downtown Los Angeles. The offering consists of a 1-story 7,500 SF retail building that consists of 6 units, which is currently 100% occupied. It is located on Santee St. with THREE of the tenants opening into the famous Santee Alley! The subject property consists of 6 tenants. The three tenants opening into Santee Alley include: PerfumeLosAngeles.com, a company who has been in the cologne & perfume business for over 25 years; LA Jewelry House, who specializes in costume jewelry; Lola Shoetique: who, with multiple locations within the Fashion District, has separated itself from the rest and has become the "it" place for women's shoes & fashion within the area. The three tenants opening onto Santee St include: Milan Shoes, who specializes in both retail & wholesale of men's shoe's, clothing & accessories; Twenty-Six, who specializes in general merchandising geared to younger children; and Tecum Tailor Shop. This offering will attract an investor who is looking for a "pride of ownership" property with a steady income for years to come in an in-fill location, with tremendous foot traffic and excellent current cash-flow. The subject property is located in the heart of the Fashion District of Downtown Los Angeles, at the south end of Santee Alley, just one parcel north of the signalized intersection of Santee & E. 12th St. It has great exposure along both Santee St and Santee Alley. Sante Alley is considered the "go to" location for both retail & wholesale clothing for those going to the Fashion District. The immediate area provides ample street parking and city and private parking lots. The property has easy access to the 10 & 110 Harbor Freeways.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5145-022-009
Land Assessment
$6,340,000
Improvements Assessment
$300,000
Total Assessment
$6,640,000
  • Listing ID: 15881260

  • Date on Market: 4/26/2019

  • Last Updated:

  • Address: 1154 Santee St, Los Angeles, CA 90015

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