1416 S Los Angeles St
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1416 S Los Angeles St
6,898 SF Retail Building Los Angeles, CA 90015 $2,500,000 ($362/SF)
Investment Highlights
- Heart of Garment District
- Ally Access
- Fully Leased to one tenant
Executive Summary
This property presents a prime investment or owner-user opportunity in the heart of Downtown Los Angeles, located in the bustling South Los Angeles Street Garment District. The building is fully occupied by tenants with strong credit, ensuring a stable income stream.
Situated near a vibrant hub that includes Crypto Arena, LA Live!, With the GRAMMY Museum, the Los Angeles Convention Center, and thousands of luxury condos and apartments, this location is ideal for capitalizing on the area's growth.
This combination of features offers investors, owners, or developers a unique opportunity to meet the increasing demand for housing and commercial spaces in the thriving DTLA community.
Situated near a vibrant hub that includes Crypto Arena, LA Live!, With the GRAMMY Museum, the Los Angeles Convention Center, and thousands of luxury condos and apartments, this location is ideal for capitalizing on the area's growth.
This combination of features offers investors, owners, or developers a unique opportunity to meet the increasing demand for housing and commercial spaces in the thriving DTLA community.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$180,000
|
$26.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$180,000
|
$26.41
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $180,000 |
| Annual Per SF | $26.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $180,000 |
| Annual Per SF | $26.41 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,898 SF
Building Class
C
Year Built/Renovated
1913/2006
Price
$2,500,000
Price Per SF
$362
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
M2, Los Agneles
Frontage
87 FT on S Los Angeles St
Amenities
- Bus Line
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (96)
Bike Score®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5133-016-005 | Improvements Assessment | $582,158 |
| Land Assessment | $1,776,554 | Total Assessment | $2,358,712 |
PROPERTY TAXES
Parcel Number
5133-016-005
Land Assessment
$1,776,554
Improvements Assessment
$582,158
Total Assessment
$2,358,712
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1416 S Los Angeles St
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