1001 Hill St Los Angeles, CA 90015

This exceptional 4,512 square foot retail property, located at 1001 S Hill St in Los Angeles, CA 90015, presents a compelling investment opportunity. Situated on a prominent corner lot spanning 0.34 acres, this Class C building offers significant potential for redevelopment or continued operation as a retail space. Built in 1922, the single-story structure boasts a desirable location in the heart of Downtown Los Angeles. The asking price is $8,000,000, representing a 1.58% capitalization rate. The property's prime location at the intersection of 11th and Hill Streets provides excellent visibility and accessibility. Given the seller's motivation, all offers are being considered. This presents a rare chance to acquire a well-positioned retail asset in a thriving urban environment. The substantial lot size allows for various development possibilities, making it an attractive prospect for investors seeking a strong return on investment or developers envisioning a mixed-use project. The property's history and location combine to create a unique opportunity in a dynamic and rapidly evolving market. Serious inquiries are encouraged.