• Street Retail on Santee Alley - 1154 Santee St, Los Angeles, CA 90015

For Sale

Retail

For Sale

This property is available for sale
0.17
Acres
$8,695,000
Sale Price
  • Year Built
    1946
  • Total Building Size
    7,500 RSF
  • Overview

    Keller Williams Realty Westside Commercial is proud to present a VERY RARE investment opportunity in the heart of the Fashion District of Downtown Los Angeles. The offering consists of a 1-story 7,500 SF retail building that consists of 6 units, which is currently 100% occupied. It is located on Santee St. with THREE of the tenants opening onto famous Santee Alley!
    The subject property consists of 6 tenants. The three tenants opening onto Santee Alley include: PerfumeLosAngeles.com, a company who has been in the cologne & perfume business for over 25 years; LA Jewelry House, who specializes in costume jewelry; Lola Shoetique: who, with multiple locations within the Fashion District, has separated itself from the rest and has become the "it" place for women's shoes & fashion within the area. The three tenants opening onto Santee St include: Milan Shoes, who specializes in both retail & wholesale of men's shoe's, clothing & accessories; Twenty-Six, who specializes in general merchandising geared to younger children; and tailor.
    This offering will attract an investor who is looking for a "pride of ownership" property with a steady income for years to come in an in-fill location, with tremendous foot traffic and excellent current cash-flow.

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Property Details

Keller Williams Realty Westside Commercial is proud to present a VERY RARE investment opportunity in the heart of the Fashion District of Downtown Los Angeles. The offering consists of a 1-story 7,500 SF retail building that consists of 6 units, which is currently 100% occupied. It is located on Santee St. with THREE of the tenants opening onto famous Santee Alley!
The subject property consists of 6 tenants. The three tenants opening onto Santee Alley include: PerfumeLosAngeles.com, a company who has been in the cologne & perfume business for over 25 years; LA Jewelry House, who specializes in costume jewelry; Lola Shoetique: who, with multiple locations within the Fashion District, has separated itself from the rest and has become the "it" place for women's shoes & fashion within the area. The three tenants opening onto Santee St include: Milan Shoes, who specializes in both retail & wholesale of men's shoe's, clothing & accessories; Twenty-Six, who specializes in general merchandising geared to younger children; and tailor.
This offering will attract an investor who is looking for a "pride of ownership" property with a steady income for years to come in an in-fill location, with tremendous foot traffic and excellent current cash-flow.

  • Property Type
    Retail
  • Submarket
  • Year Built
    1946
  • Sale Price
    $8,695,000
  • Total Building Size
    7,500RSF
  • Total Acres
    0.17
  • Cap Rate
    5.0%
  • Number of Floors
    1
  • Zoning
    2
  • Property ID
    223192

Landlord's Sales Representative

  • David Yashar
    Tru Agent Real Estate