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    1139 Santee St Los Angeles, CA 90015

    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $4,000,000

    3 Retail Stores in DTLA Fashion District

    Property size:
    6,450 SF

    Description

    Added:
    May 5, 2025
    Days on Market:
    250
    • Back on the market!
    • 3 retail stores ideal for owner/user (stores will be delivered vacant)
    • 2 units currently occupied — 1 unit vacant
    • Prime Downtown Los Angeles Fashion District location
    • Unique opportunity to acquire a prime DTLA asset
    • Ideal for any retail or wholesale fashion applications
    • Heavy traffic exposure and visibility
    • 7,028 vehicles per day traffic count (2018)
    • Built in 1956 — Assessor’s parcel number 5145-021-016
    • Situated between 11th and 12th Streets adjacent to famous Santee Alley
    • Close to many new Fashion District development projects
    • Nearby street and contract parking available

    Property Features for 1139 Santee St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,450 SF
    Price / Square Foot
    $620
    Elevators
    N/A
    Lot Size
    7,500 SF

    Building Details

    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.2514714
    Latitude
    34.0414965

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    FAQs

    What type of property is this?
    Individual retail property - 3 Retail Stores in DTLA Fashion District
    Where is this individual retail property located?
    The property is located at 1139 Santee St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (213) 276-2483
    Request Owner's contact information
    1139 Santee St Los Angeles, CA 90015
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    Los Angeles, CA 90015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1139 Santee St Los Angeles, CA 90015
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