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501 E 11th St 19,800 sq ft 100% Let Retail Property Los Angeles, CA 90015 £3,334,185 (£168.39/sq ft) 4% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Heavy Daytime Traffic
  • Fashion District

EXECUTIVE SUMMARY

Prime owner user and investment property. 1 story plus mezzanine in some of the 11 units built in 1969

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
19,800 sq ft
Costar Property Class
C
Year Built
1969
Price
£3,334,185
Price per sq ft
£168.39
Yield
4%
NOI
£133,367
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.99
Total Plot Size
0.46 ac
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class
M2-2D - Permitted uses in the M2-2D zone include M1 and Mr2 uses. The subject's existing use as multi retail building with rooftop parking is allowed i the M2
Parking
47 Spaces (2.37 Spaces per 1,000 sq ft Leased)
Frontage
151 ft on E 11th St

AMENITIES

  • Bus Route
  • Signalised Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • JZ Jeans
  • -
  • -
  • -
  • -
  • Kt Clothing
  • -
  • -
  • -
  • -
  • New Shine Fashion
  • Retailer
  • -
  • -
  • -
  • Style Cornerstone
  • -
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
JZ Jeans - - - -
Kt Clothing - - - -
New Shine Fashion Retailer - - -
Style Cornerstone - - - -
1 1
Walk Score®
Easily Walkable (82)
Transit Score®
Rider's Paradise (98)
Bike Score®
Good for cycling (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of Hope
9Round Fitness
Starbucks
U.S. Bank
Chase Bank
Bank of America
King Taco Restaurant Inc
Yoshinoya
Grocery Outlet
Kelly's Coffee & Fudge Factory

PROPERTY TAXES

Parcel Number 5145-019-020 Improvements Assessment £945,909
Land Assessment £4,096,455 Total Assessment £5,042,364

PROPERTY TAXES

Parcel Number
5145-019-020
Land Assessment
£4,096,455
Improvements Assessment
£945,909
Total Assessment
£5,042,364
(818) 613-1641

Still interested?

Contact the agent for more information about this property

CONTACT

  • Listing ID: 31199039

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 501 E 11th St, Los Angeles, CA 90015

The Fashion District Retail Property at 501 E 11th St, Los Angeles, CA 90015 is currently available. Contact Alpha Commercial Real Estate for more information.

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501 E 11th St
(818) 613-1641 x

501 E 11th St

Viken Sanossian
(818) 613-1641

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