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747 E 10th St - Seller Financing - Call Now!

1,760 SF Retail Condo Unit Offered at $2,011,152 CAD in Los Angeles, CA 90021

Investment Highlights

  • Newly renovated
  • Seller Financing
  • Brokers Protected
  • Own Cheaper Than You Can Rent!
  • Located in Opportunity Zone

Executive Summary

New Listing Alert: Rare Opportunity in the Fashion District! Experience the pinnacle of urban elegance with our newly listed, high-end retail showroom in the prestigious Newmark Building, nestled in the heart of Los Angeles' vibrant fashion district on E 10th St. Key Highlights: Prime Location: Situated in a recently revitalized section of the fashion district, this showroom boasts a prime street-level position with an additional second-floor mezzanine, offering a dynamic and versatile space. Exceptional Quality: The unit is meticulously maintained, ensuring a pristine environment for your high-end fashion pursuits. High Foot Traffic: Positioned in a bustling area, the showroom benefits from high foot traffic, perfect for maximizing business exposure and customer engagement. Accessibility: Conveniently located within minutes of Downtown LA, the showroom offers easy access to major freeways (110, 60, 5, and 10), placing you at the nexus of Los Angeles' transportation network. Proximity to Key Landmarks: The property is in close proximity to the financial district and the USC Headquarters, situating you among the city's hubs of commerce and academia. Exclusive Financing Options: Seller Financing: Flexible seller financing is available, easing the path to your ownership of this coveted space. 1031 Exchange Friendly: We welcome inquiries regarding 1031 exchanges, making this an ideal investment opportunity. Seize this opportunity to own a piece of Los Angeles' fashion legacy. Contact us today to schedule your exclusive viewing and begin your journey in the heart of the city's fashion district. This extraordinary space awaits, but it won't be available for long. Act now!

Property Facts

Price $2,011,152 CAD
Unit Size 1,760 SF
No. Units 1
Total Building Size 67,952 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • Flex Showroom
  • General Retail Storefront
  • OfficeLoft Creative Space
Sale Type Investment
Building Class A
Floors 4
Typical Floor Size 2,850 SF
Year Built 2010
Lot Size 0.64 AC
Parking Ratio 0.7/1,000 SF
Opportunity Zone Yes
Sale Conditions
1031 Exchange
  • Lease Option

1 Unit Available

Unit 115

Unit Size 1,760 SF
Price $2,011,152 CAD
Price Per SF $1,142.70 CAD
Condo Use Retail
Sale Type Investment
Cap Rate 7.00%
NOI $140,780.64 CAD
No. Parking Spaces 2
Sale Conditions 1031 Exchange, Lease Option
APN/Parcel ID 5132-001-103
Description

Newly renovated! Own a slice of Los Angeles with this high-end retail showroom on updated strip of the fashion district. Street level with 2nd floor mezzanine. Well-maintained unit in a high traffic area. Within minutes to Downtown LA with access to freeways 110, 60, 5 and 10. Very close to the financial district of LA and USC Headquarters. Seller financing available. 1031 Exchange inquiries acceptable.

Sale Notes

Seller financing available. All offers will be considered. 1031 Exchange inquiries acceptable.

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Walk Score ®
Very Walkable (78)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Bus Line
  • Signage

Nearby Major Retailers

Bank of Hope
Planet Fitness
Starbucks
U.S. Bank
Chase Bank
Bank of America
King Taco Restaurant Inc
Yoshinoya
Grocery Outlet
Kelly's Coffee & Fudge Factory

zoning

Zoning Code LAM2 (General Manufacturing)
LAM2 (General Manufacturing)
  • Listing ID: 30649090

  • Date on Market: 2024-01-12

  • Last Updated:

  • Address: 747 E 10th St, Los Angeles, CA 90021

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