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Fashion District Retail Opportunity
For Sale
$2,250,000

818 S Los Angeles St, Los Angeles, CA 90014

Retail property in the heart of the Fashion District.

Property Size7,951 SF
Price / SF$282.98
Days on Market315

Property Features for 818 S Los Angeles St

General Information

Standard status Active
Size 7,951 SF
Property subtype Retail

Building Details

Building Size 7,951 SF
Year Built 1913
Listing Agency: Lee & Associates - Pasadena
Listed By: Jamie Harrison · License #CalDRE #01290266
Source: Lee-associates
Added: Nov 26, 2025 Changed: Oct 6 Last Checked: Oct 5 at 4:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Pasadena

Investment Insights

Based on property information with market context.

This well-maintained building is located in the heart of Los Angeles' Fashion District, a vital economic hub with roots dating back to the early 1900s. The Fashion District started as a cluster of factories and warehouses producing flowers, clothing, textiles, and accessories, later evolving into a wholesale market area. The district is now a hub for emerging and independent fashion labels, securing its place as a cultural heritage cornerstone. The property features a turnkey clean retail interior and approximately 65 feet of window frontage on a high foot traffic street with over 9,000 cars per day. The property has a history of over 30 years of continuous fashion and formalwear tenancy at the same address. The property has 2 retail tenants with leases expiring on 12/31/27. The property size is 7,951 square feet.

Key Highlights

  • Located in the heart of LA's Fashion District, a vital economic and cultural hub.
  • High foot traffic location with approximately 65ft of window frontage.
  • Turnkey clean retail interior.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$184,520
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,690,400 $3.7M
Cap Rate 7%
$2,636,000 $2.6M
Cap Rate 9%
$2,050,222 $2.1M
Market Conditions
NOI Build-Up for 7,951 SF
Gross rent
$293.9K $36.96/SF
− Vacancy
−$30.3K −$3.81/SF
EGI
$263.6K $33.15/SF
− OpEx
−$79.1K −$9.95/SF
NOI
$184.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,690,400
Cap Rate 7%
$2,636,000
Cap Rate 9%
$2,050,222

Alternative Uses

Best Use
Retail
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $184,520 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$161.08M
$140.95M – $187.93M (±1% cap)
NOI $11,275,774 @ 7.0% cap · market cap 501.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

M2 by Morvati Clothing & Fashion Store Room 4 Agency Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20,976
Businesses Nearby

Demographics for 90014, CA

9,254
Population
7,618
Households
1.2
Avg Household Size
38
Median Age
43%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
30,847
Density / Sq Mi
$33,822
Median Household Income
$61,856
Median Earnings
$1,604
Median Rent
$644,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property in the heart of the Fashion District.
Where is this retail space located?
The property is located at 818 S Los Angeles St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Located in the heart of LA's Fashion District, a vital economic and cultural hub.; High foot traffic location with approximately 65ft of window frontage.; Turnkey clean retail interior.
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