Prime Investment Opportunity in the heart of the Fashion District. This is an exceptional property with a long-term single NNN tenant since 1998, with the lease ending in November 2025. This property located on a high-traffic and surrounded by major retailers. It situated on a 14,065 sqft lot with total 7 units (A-G). The unit begins with Unit 1212-A (Fashion ONE) continues to Unit 1212-G (blu:m). The units from A to E is 1,540 sqft per unit. Units F & G are 1,510 sqft per unit. This is zoned for light industrial use with 11 parking spaces. The building was fully renovated in 2000. Each unit includes 1 bathroom along with front and back windows and door for entrances. This property is conveniently located just few block away from the 10 Freeway and only minutes from Downtown LA’s vibrant culinary scene, diverse shops, and essential amenities. The property was appraised at $3,400,000. Approximate 5% cap rate.
Property Details
Price:
$3,400,000
MLS #:
CV25090730
Status:
Active
Baths:
0
Address:
1212 S San Pedro Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 12, 2025
State:
CA
ZIP:
90015
Year Built:
1965
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Spots
11.00
Roof
Flat
Stories Total
1
Water Source
Public
Financial
Utilities
Phone Connected, Sewer Connected
Map
Contact Us
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1212 S San Pedro Street
Los Angeles, CA
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