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DTLA Fashion District Investment 120-128 E 11th St

8,746 SF 55% Leased Industrial Building Los Angeles, CA 90015 $3,199,000 ($366/SF) 2.61% Cap Rate

Investment Highlights

  • Prime Fashion District Investment Opportunity
  • Includes Secure, Gated Parking Lot for 12± Vehicles
  • Fantastic Upside Potential!
  • Just 8 Blocks East of Crypto.com Arena and LA LIVE

Executive Summary

Commercial property purchase opportunity with upside potential. Prime DTLA Fashion District location, adjacent to the South Park District. Ideal for owner/user/investor. 4 retail stores: 2 occupied and 2 vacant. Pro forma $83,491 NOI — 2.61% cap rate. Includes secure, gated parking for 12± vehicles off the alley. 110.2’ frontage on 11th Street. Just 8 blocks east of Crypto.com Arena, LA LIVE, and the Los Angeles Convention Center. Easy access to all DTLA freeways. Numerous new residential developments within a few blocks.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $132,492 $15.38
Other Income - -
Vacancy Loss - -
Effective Gross Income $132,492 $15.38
Taxes $39,987 $4.64
Operating Expenses $9,014 $1.05
Total Expenses $49,001 $5.69
Net Operating Income $83,491 $9.69

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $132,492
Annual Per SF $15.38
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $132,492
Annual Per SF $15.38
Taxes
Annual $39,987
Annual Per SF $4.64
Operating Expenses
Annual $9,014
Annual Per SF $1.05
Total Expenses
Annual $49,001
Annual Per SF $5.69
Net Operating Income
Annual $83,491
Annual Per SF $9.69

Property Facts

Price $3,199,000
Price Per SF $366
Sale Type Investment or Owner User
Cap Rate 2.61%
Property Type Industrial
Property Subtype
Distribution
  • General Retail Storefront
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.29 AC
Rentable Building Area 8,746 SF
No. Stories 1
Year Built 1980
Parking Ratio 1.37/1,000 SF

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 126
  • 1,614 SF
  • Industrial
  • Shell Space
  • Now

Fashion District Industrial retail/flex/office space available for lease. M2 zoned retail property located in an Enterprise Zone.

  • 1st Fl-Ste 128
  • 2,290 SF
  • Retail
  • Partial Build-Out
  • Now

±2,289 SF units available.. M2 zoned retail property located in an Enterprise Zone. Property is suited for retail, flex, industrial, or office.

Space Size Space Use Condition Available
1st Fl - 126 1,614 SF Industrial Shell Space Now
1st Fl-Ste 128 2,290 SF Retail Partial Build-Out Now

1st Fl - 126

Size
1,614 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl-Ste 128

Size
2,290 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

1st Fl - 126

Size 1,614 SF
Space Use Industrial
Condition Shell Space
Available Now

Fashion District Industrial retail/flex/office space available for lease. M2 zoned retail property located in an Enterprise Zone.

1st Fl-Ste 128

Size 2,290 SF
Space Use Retail
Condition Partial Build-Out
Available Now

±2,289 SF units available.. M2 zoned retail property located in an Enterprise Zone. Property is suited for retail, flex, industrial, or office.

Walk Score ®
Walker's Paradise (93)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5139-016-026
Land Assessment
$562,540
Improvements Assessment
$843,814
Total Assessment
$1,406,354
Annual Taxes
$39,987 ($4.57/SF)
Tax Year
2024

zoning

Zoning Code M2-2D (Heavy Manufacturing)
M2-2D (Heavy Manufacturing)
  • Listing ID: 34101499

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 120-128 E 11th St, Los Angeles, CA 90015

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