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1136 Santee St.

Los Angeles , California 90015

Listing Type:
For Sale
Listing Price:
$6,950,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1946
Listing Status:
Active
Building Size:
7500 SqFt
Land Area:
0.17 Acres

Description:

KW Commercial is proud to present a VERY RARE investment opportunity provided by a Special Servicer in the heart of the Fashion District of Downtown Los Angeles. The Special Servicer received the Loan in December of 2016 due to maturity default.
The offering consists of a 1-story 7,500 SF retail building on 7,513 SF M2 zoned lot. It is located on Santee St. with FOUR of the suites opening into the famous Santee Alley!
The subject property consists of 8 suites. The FOUR suites opening into Santee Alley include; a Suit Store, 2 General Clothing Stores, and a vacancy. The suites on Santee St include; an Apparel Store, Women's Clothing Store, and 2 vacancies.
This offering will attract an owner/user or an investor who is looking for a property with a unique opportunity to acquire the fee-simple interest directly from a special servicer, upside potential in rents in an in-fill location, with tremendous foot traffic.
RARE OPPORTUNITY: 7,500 SF RETAIL BUILDING LOCATED ALONG THE FAMOUS SANTEE ALLEY.
"SANTEE ALLEY" IS ONE OF LA'S MOST RENOWNED RETAIL & WHOLESALE FASHION DESTINATION!!!
TREMENDOUS FOOT TRAFFIC!!!
LESS THAN ONE MILE FROM STAPLES CENTER & LA LIVE. EASY FREEWAY ACCESS TO THE 10 & 110 FREEWAYS.
GREAT DEMOGRAPHICS; OVER 40,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 500,000 PEOPLE RESIDE WITHIN A 3 MILE RADIUS.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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