1212 Wall Stree, Los Angeles, CA 90015

$3,180,000

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List Price
$3,180,000
Status
ACTIVE
MLS#
WS26206326
Year Built
1948
Lot Size
14,277
Acres
0.33
Lot Location
6-10 Units/Acre
Days on Market
2
Property Type
Commercial
Property Sub Type
Retail

Property 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.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: YULAN JIANG (yolachiang@gmail.com) from Listing Office: Pinnacle Real Estate Group.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.