Description

Great investment or owner-use opportunity in the heart of the Los Angeles Fashion District. The property consists of 7 commercial units situated on two separate parcels along Wall Street, with approximately 14,325 SF of combined building area on approximately 14,277 SF of land. The property is currently fully occupied and generating rental income. Several existing leases are scheduled to expire in 2027, providing the future owner flexibility to negotiate renewals or enter into new leases subject to market conditions. *****APN 5145-026-006 includes four units located at 1212, 1214, 1216 and 1218 Wall St., with approximately 7,425 SF of building area on a 7,530 SF lot. Public records indicate a year built of 1948 .***** *****APN 5145-026-007 includes three units located at 1220, 1222 and 1224 Wall St., with approximately 6,900 SF of building area on a 6,747 SF lot. Seller states that this portion of the property was rebuilt approximately three years ago.****** Excellent Downtown Los Angeles location with surrounding commercial areas and major freeways.. Buyer and Buyer’s Agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, building and permit history, lease terms, rental income, expenses and all other property information with the appropriate professionals and governmental agencies.