1048 S. Los Angeles St

$4,500,000
For Sale
1048 S Los Angeles OM 081722 - compressed1048 S Los Angeles OM 0408221048 S Los Angeles St (33)

Property Details

0 0 0 Office/Retail

1048 S Los Angeles St, Los Angeles, California 90015

Description:

Price reduced by $1,000,000 from original price!! Mostly Rebuilt in 2009.  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.