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Seller Will Entertain All Offers 1040 S Los Angeles St 6,000 SF 100% Leased Retail Building Los Angeles, CA 90015 $4,844,000 CAD ($807.33 CAD/SF)
Investment Highlights
- Ideal Micro Units for Optimal Rent
- Owner/User Opportunity
- Open Air Space
- Secured Property
- New Construction
- Easy Freeway Access
Executive Summary
***Seller Will Entertain All Offers***
Kidder Mathews is pleased to present for sale 1040 S Los Angeles Street in Downtown Los Angeles. This offering consists of 18 micro units averaging 275 square feet. This unit is ideal in maximizing the rent collected per unit. There is significant upside in potential rent. Each unit has soaring ceilings and a mezzanine area that is ideal for a private office space. In addition, there is also the ability for an Owner/User to combine suites in order to fit their needs.
Kidder Mathews is pleased to present for sale 1040 S Los Angeles Street in Downtown Los Angeles. This offering consists of 18 micro units averaging 275 square feet. This unit is ideal in maximizing the rent collected per unit. There is significant upside in potential rent. Each unit has soaring ceilings and a mezzanine area that is ideal for a private office space. In addition, there is also the ability for an Owner/User to combine suites in order to fit their needs.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
2016
Price
$4,844,000 CAD
Price Per SF
$807.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.16 AC
Zoning
M2-2D
Frontage
47’ on Los Angeles St.
Amenities
- 24 Hour Access
- Bus Line
- Courtyard
- Fenced Lot
- Mezzanine
- Restaurant
- Signage
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5145-020-057 | Improvements Assessment | $1,538,140 CAD |
| Land Assessment | $2,678,086 CAD | Total Assessment | $4,216,226 CAD |
Property Taxes
Parcel Number
5145-020-057
Land Assessment
$2,678,086 CAD
Improvements Assessment
$1,538,140 CAD
Total Assessment
$4,216,226 CAD
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Seller Will Entertain All Offers | 1040 S Los Angeles St
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