604 E 12th Street, Los Angeles CA, 90015

Active

604 E 12th Street

Los Angeles CA, 90015

$2,600,000

$385.19 per sqft

Active

6,750 sqft

Commercial

Built in 1936

Listed by Neema Ahadian with Marcus & Millichap 310-909-5444

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.

24449733

MLSⓇ ID

August 23, 2024

Listed

November 22, 2024

Updated

Map

604 E 12th Street
Los Angeles CA, 90015

Interior Features

Total Stories: 1
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.17 Acres

Other Property Details

Area Name: C42 - Downtown L.A.
Days on Market: 45
Garage: No
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Zoning: LAM2

Listing Contact: 310-909-5500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/22/2024 at 5:55 PM UTC