For Lease
$48/SF/YR

1111 Hope StLos Angeles, CA 90015

Prime Retail & Restaurant Units Available

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Los Angeles property at 1111-1119 S Hope St offers two distinct retail spaces for lease. One is a fully equipped, 2,200 sq ft turnkey restaurant space with a transferable beer & wine license, all furniture, equipment (including multiple ranges, ovens, walk-in freezer/cooler, and a 1,500-gallon grease interceptor), and restrooms. The second space is a 1,500 sq ft med spa clinic, complete with reception area, private bathroom, and treatment rooms. Both units are located in a five-story, 164,860 sq ft building (built 1999, renovated 2017) on a 0.9-acre lot (39,204 sq ft) in the R5 zoned area. The building features ample parking. These spaces are ideal for established businesses seeking a move-in ready location or entrepreneurs looking to launch their ventures. The property's central location offers excellent visibility and accessibility, with convenient access to public transportation and nearby amenities. Currently, 3,700 sq ft of space is available within the larger building. This is a rare opportunity to secure prime retail space in a thriving Los Angeles neighborhood.

Highlights

  • 2,200 sq ft turnkey restaurant space available for lease; includes all furniture, equipment (ranges, ovens, walk-in freezer/cooler, 1,500-gallon grease interceptor), and restrooms; transferable beer & wine license; no key money required.
  • 1,500 sq ft med spa space available for lease; includes reception area, private bathroom, and treatment rooms; exposed ceiling with modern light fixtures.
  • Ample visitor and monthly parking available for both spaces.
  • Located in South Park, DTLA's residential core; excellent visibility and accessibility to public transportation.
  • Property is part of a 164,860 sq ft building (built 1999, renovated 2017) on a 0.9-acre lot in an R5 zoned area; 3,700 sq ft of additional space available within the building.

Property Details for 1111 Hope St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
164,860 SF
Year Built/Renovated
1999/2017
Buildings
1
Stories
5

Unit(s) available at that property

Space
1119½ S Hope St
Size
1,500 SF
Rate per SF
$48

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0419485
Longitude
-118.2637487
1111 Hope St, Los Angeles, California

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1111 Hope St
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