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1048 S. Los Angeles St, Los Angeles

PRICE REDUCED BY $550,000!!! Complete remodel includes new roof, plumbing, electrical, HVAC, elevator, floors, walls, drywall, frames and insulation. Within a mile of the Staples Center, LA Live, LA Convention Center, Santee Alley and the Flower Market, 1048 South Los Angeles is an almost fully occupied office/retail building located at the corner of Los Angeles Street and 11th in the heart of Downtown's Fashion District. The property consists of 15 units – 7 office suites above 8 ground-floor retail units. A great opportunity exists for an owner/user to occupy the building or for an investor to increase value by repositioning the asset.

*Mostly Rebuilt in 2009!

*Office over Retail building with below-market, month-to-month leases

*Owner-User or value-add opportunity

*Great corner location in the Fashion District – the hub of the L.A.'s fashion industry, featuring more than 2,000 retail and wholesale businesses

*Close to Staples Center, LA Live and Santee Alley

Offered at $4,950,000


Eric Sackler

Director | Coldwell Banker Commercial Realty

DRE # 01057377

310.979.4990 (office)

11661 San Vicente Blvd. 10th Floor
Los Angeles, CA 90049

Danny Eim

Coldwell Banker Commercial Realty

DRE # 01939245

310.413.3463 (cell)

11661 San Vicente Blvd, 10th Floor
Los Angeles, CA 90049