1120 6Th StLos Angeles, CA 90017

Property Details for 1120 6Th St

Year built

2017

Construction

WOOD

Lot size

3.79 AC

Property size (Sq ft)

651,289 SF

Zone code

LACW

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5143-024-017

APU

5143024017

Description

Be DTLA, a Class A mixed-use development in the City West neighborhood of Downtown Los Angeles, offers exceptional street retail space. This vibrant property boasts 651,289 square feet of total building area, with 2,405 square feet currently vacant and available for lease. The space is situated at 1120 W 6th St, Los Angeles, CA 90017, conveniently located near Bixel St. Units are available in sizes ranging from a minimum of 1,030 square feet to a maximum contiguous space of 1,375 square feet, perfect for a variety of retail uses. Built in 2017, this property benefits from its location below 606 apartment units, ensuring a consistent flow of potential customers. The property's prime Downtown Los Angeles location provides unparalleled access to high foot traffic, making it an ideal opportunity for businesses seeking a prominent presence in a thriving urban environment. The Los Angeles County property (APN 5143-024-017) offers a unique chance to establish or expand your retail operation in a dynamic and sought-after area. This is a multiple tenancy property, offering flexibility for various business models. Don't miss this chance to secure your place in this thriving Downtown LA development.

• CAP approach

  CAP return

  Valuation

  6%

  $192,102,384

  6.5%

  $177,325,280

  7%

  $164,659,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $123,849,120

  Geo Method

  $123,849,120

• Alternative Use

  Use

  Valuation

  Residential

  $219,883,344

  Hospitality

  $201,411,952

  Educational

  $167,572,384

  Medical

  $173,335,456

  Retail

  $260,668,160

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0538

Longitude

-118.263

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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