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    120 11Th St Los Angeles, CA 90015

    Sponsored
    For Lease
    Contact for pricing

    Downtown LA Retail/Office/Industrial

    Lot size:
    3,228 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multi-use property, located at 120-126 E. 11th Street in the heart of Los Angeles, CA 90015, presents a unique investment opportunity. The property is zoned M2 and situated in Los Angeles County. Currently, there are two available spaces totaling 3,228 square feet of vacant space. Each space offers a minimum of 1,614 contiguous square feet, ideal for a variety of businesses. The building's flexible design caters to retail, office, and industrial uses, making it suitable for a diverse range of tenants. The property's central location provides excellent access to major transportation routes, ensuring high visibility and convenient access for customers and employees. This is a rare chance to acquire a versatile property in a thriving Los Angeles neighborhood. The property is classified as a strip center, traditional, and warehouse/distribution space, offering a unique blend of commercial real estate options. The multiple tenancy structure allows for flexibility in leasing arrangements. This prime location in Los Angeles County offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exciting opportunity further. The property is ready for immediate occupancy.

    Property Features for 120 11Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,228 SF

    Unit(s) available at that property

    Space
    Suite 1
    Size
    1,614 SF
    Space
    Suite 2
    Size
    1,614 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Rage Ground Recreation Center T Simply Prepaid Cell Phone Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2576674
    Latitude
    34.0385916

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    FAQs

    What type of property is this?
    Neighborhood center - Downtown LA Retail/Office/Industrial
    Where is this neighborhood center located?
    The property is located at 120 11Th St Los Angeles, CA.
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    120 11Th 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
    120 11Th St Los Angeles, CA 90015
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