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    1016 Santee St Los Angeles, CA 90015

    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $6,000,000

    DTLA SBA Opportunity! 2-Story Retail/Office

    Property size:
    14,000 SF

    Description

    Added:
    May 6, 2025
    Days on Market:
    250
    • 14,000 sq.ft. 2-story building with Santee Alley frontage
    • Ground floor retail + freshly remodeled 2nd floor office or flex space
    • 7,000 sq.ft. 2nd floor divisible to 509, 635, 827, 1,105 and 2,550 sq.ft.
    • Prime location above Santee Alley; just south of 11th Street
    • HVAC throughout offices — Light and bright! Natural light with skylights
    • Abundant neighborhood contract parking available
    • Zoned LA M2
    • APN 5145-020-034
    • 2nd floor offices currently available for lease at $1.50 per sq.ft. MG

    Property Features for 1016 Santee St

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,000 SF
    Price / Square Foot
    $428
    Elevators
    N/A
    Net Rentable
    14,000 SF

    Building Details

    Year Built
    1924
    Location Intelligence

    Current Use by Public Records

    J & B Wholesale Jeweler Kariano Dress Store Unique Purses Collection Clothing Store Emanuel Tailor Shop Personal Repair Service Ery Sexy Moda Adult Entertainment Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm 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
    -118.2627667
    Latitude
    34.0297678

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    FAQs

    What type of property is this?
    Individual retail property - DTLA SBA Opportunity! 2-Story Retail/Office
    Where is this individual retail property located?
    The property is located at 1016 Santee St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $6,000,000.
    (714) 883-6875
    Request Owner's contact information
    1016 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
    1016 Santee St Los Angeles, CA 90015
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