For Sale
$4,000,000

1139 Santee StLos Angeles, CA 90015

Prime DTLA Fashion District retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This three-unit, 6,450-square-foot shopping center, located at 1139 Santee Street in Los Angeles, CA 90015, presents a unique owner-user opportunity. The property, built in 1956 and situated on a 7,500-square-foot lot (APN 5145-021-016), boasts a prime location in the heart of the Downtown Los Angeles Fashion District, adjacent to the renowned Santee Alley. Currently, two units are occupied, while one is vacant, offering immediate potential for customization. The three-story building is zoned LA M2 and benefits from high visibility and heavy traffic exposure, with a 2018 traffic count of 7,028 vehicles per day. Its proximity to numerous new development projects and the availability of nearby street and contract parking further enhance its appeal. The asking price is $4,000,000. This asset is ideal for retail or wholesale fashion businesses seeking a prominent Downtown Los Angeles presence. The property is delivered vacant, allowing for immediate occupancy and tenant improvements to suit the buyer's specific needs.

Highlights

  • Three vacant retail spaces perfect for owner-occupancy.
  • Two occupied, one vacant unit.
  • Prime location in the Los Angeles Fashion District.
  • Excellent opportunity to acquire a desirable DTLA property.
  • Ideal for retail or wholesale fashion businesses.
  • High traffic and visibility.

Property Details for 1139 Santee St

Property type
Lifestyle centers, Power centers
Square Feet
6,450 SF
Year Built
1956
Stories
3
Units
3

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0369202
Longitude
-118.2569756
1139 Santee St, Los Angeles, California

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1139 Santee St
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