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Property Detail

Property Detail

Property Detail

1212 San Pedro, Los Angeles, CA 90015

1212 San Pedro, Los Angeles, CA 90015

$2,980,000 LOGIN TO SAVE

Bedrooms: 0

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Bathrooms: 0

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Area: 0 SqFt.

    Description

    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. This property also on market for lease and asking at 3,000 per unit.

    Features​

    • 1 Story
    • Sewer Connected
    • Phone Connected
    • Heating: Central

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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