Ground-Floor Retail Condo | Fashion District 746 S Los Angeles St 7,539 SF Retail Condo Unit Online Auction Sale Los Angeles, CA 90014


INVESTMENT HIGHLIGHTS
- Take advantage of this ground-level retail condo space available for sale in the coveted Connell Building at Santee Village.
- Top-notch positioning adjacent to Historic Core, Financial District, and South Park of Downtown Los Angeles.
- Prominent retailers nearby include Starbucks, Pizza Hut, Shake Shack, Whole Foods, Petco, Burlington, Ross, and many more.
- Coveted location in the Fashion District featuring easy access to the 110, 101, 5, and 10 Freeways and several public transportation options.
- Near entertainment venues such as Walt Disney Concert Hall, The Broad, The Museum of Contemporary Art, The Music Center, and Staples Center.
EXECUTIVE SUMMARY
This ground-floor condo unit provides investors and businesses with versatile space tailored to meet their specific needs. 746 S Los Angeles Street, Unit 1 is a 5,590-square-foot retail unit with an additional 1,949 square feet of mezzanine area for a total leasable area of 7,539 square feet. Delivered vacant, this space is ready for immediate occupancy and build-out by buyers. The property is situated in Santee Village in the Connell Building. The Connell Building is a 109,270-square-foot, 11-story, 95-unit residential live/work loft condominium community with ground-level retail. Santee Village is a collection of three light industrial/manufacturing buildings located at the northern end of the fashion and garment district, including the Connell, Eckardt, and Santee. These historically designated buildings offer a distinctive exterior. The buildings consist of heavy concrete-frame construction and ornamental characteristics of the early 20th century industrial area. In 2007, the Village reopened as a residential live/ work loft condominium community with ground-level retail that includes its own grocery store, eateries, and other retail and service-related businesses, and is just a block from the famous Santee Alley shopping enclave. Other Santee Village amenities include a swimming pool, hot tub spa, rooftop sun deck, fitness center gym, half basketball court, golf driving range, controlled access and covered garage parking, and 24-hour security patrol. 746 S Los Angeles Street, Unit 1 is near it all in the Fashion District. The property is adjacent to many popular neighborhoods and conveniences. Major highways nearby make travel to and from the property a breeze via the 110, 101, 5, and 10 Freeways. Several entertainment venues within a quick drive attract visitors daily, including Walt Disney Concert Hall, The Broad, The Museum of Contemporary Art, The Music Center, The Grand Central Market, LA Live, the Grammy Museum, Staples Center, and the Los Angeles Convention Center. Los Angeles remains one of the premier markets for retail investment, driven by strong demographics and a thriving economy. Within a 1-mile radius, the growing population and average household incomes of $93,009 support demand for additional retail. Annual consumer spending in this area exceeds $919 million, underscoring the area's economic vitality. As the second-largest metro in the nation, Los Angeles boasts a vast and diverse economy, further strengthened by major talent generators like USC, UCLA, and Caltech. Property tours are available by appointment only. Please contact the listing broker to schedule.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
| Total Building Size | 93,590 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,770 SF |
| Year Built | 1914 |
| Tenancy | Single |
| Lot Size | 0.88 AC |
| Opportunity Zone |
Yes |
| Type of Ownership | Fee Simple |
| Zoning | M2-2D (ZI) - Light Industrial |
AMENITIES
- 24 Hour Access
- Air Conditioning
1 UNIT AVAILABLE
Unit 1
| Unit Size | 7,539 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
SALE ADVISOR
Martin Porter, Associate
Additionally, he has concluded close to 300 lease transactions representing approximately 1,000,000 square feet, worth over $130 million. He has a respected reputation for rigorous cold calling, consistent follow up, and successful closing techniques, and provides value and upside in every endeavor. He has an in-depth knowledge of many markets in the Western and Southwestern United States, and a keen sense to quickly and proficiently evaluate new markets.
