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Property profile

744 Figueroa St Los Angeles, CA 90017

OFF-MARKET
Retail properties & Spaces
7,401 SF
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Property summary

AI-generated overview

This exceptional 7,401 square foot retail space is situated on Figueroa Street in the heart of Downtown Los Angeles, at the dynamic intersection of the Financial District and South Park. This ground floor space is part of a newly constructed 42-story mixed-use high-rise featuring 438 luxury apartments and a rooftop lounge offering unparalleled views of the city. The open floor plan offers incredible flexibility for a variety of retail or restaurant concepts. The property boasts a potential for a large outdoor patio, significantly enhancing its appeal and functionality. The building's strategic location benefits from high foot traffic, drawing a diverse mix of residents, employees, and tourists. Nearby establishments include well-known restaurants and retailers such as Fogo De Chao, Mendocino Farms, and numerous others, creating a vibrant and thriving commercial environment. Restaurant use is permitted, with a work letter readily available. The rental rate is available upon request. This is a unique opportunity to establish a presence in one of Downtown LA's most sought-after locations. The total building size is 7,401 square feet, with the entire space currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,401 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building Apartment Complex

Location

744 Figueroa St Los Angeles, CA 90017
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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