747 10Th St Los Angeles, CA 90021
- Retail space
- 2,630 SF
- 0.64 lot acres
Current Use by Public Records
- Millibon / Clothing Wholesaler / Fashion Designer
- Encreme / Clothing Store
- DNA Couture / Clothing Store / Women'S Clothing Store
- O2 Denim / Wholesaler
- Basic House / Wholesaler / Professional Services
Property Details for 747 10Th St
- Year built
- 2010
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.64 lot acres
- Property size
- 2,630 SF
- Zone code
- LAM2
- Property type
- Retail space
- APN
- 5132-001-056
- APU
- 5132001056
Description
This exceptional 1,760 square foot retail showroom, located at 747 E 10th St, Los Angeles, CA 90021, presents a rare investment opportunity in the heart of the city's Fashion District. The property, situated in a recently revitalized area, offers a street-level storefront with a second-floor mezzanine, providing a versatile and dynamic space ideal for high-end retail. Completely renovated in 2022, this single-unit shopping center boasts a prime location with high foot traffic, ensuring maximum business exposure. Conveniently located near major freeways (110, 60, 5, and 10), it offers easy access to Downtown LA, the financial district, and USC Headquarters. The asking price is $1,430,000, representing a price per square foot of $812.50 and a 7.00% cap rate. Seller financing options are available, making this a compelling opportunity for owner-users. The property is also suitable for 1031 exchanges. This meticulously maintained space offers an unparalleled chance to establish a presence in one of Los Angeles' most vibrant and sought-after retail districts. The property's strong location and recent renovation combine to create a truly exceptional investment opportunity. Don't miss this chance to own a piece of LA's fashion legacy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $860,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,010,000
- 6.5%
- $875,000
- 7%
- $855,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $750,000
- Geo Method
- $775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,005,000
- Retail
- $1,040,000
- Mixed-Use
- $1,110,000
- Hospitality
- $965,000
- Educational
- $1,010,000
- Residential Income
- $815,000
- Energy
- $990,000
- Income-Based Land
- $880,000
- Food Service
- $890,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.251
- Latitude
- 34.0354
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA