1001 Hl St Los Angeles, CA 90015-1613
- Retail space
- 11,561 SF
- 0.34 lot acres
Current Use by Public Records
- Record Nations / Print Shop / Records Storage Facility
- ACE GRAPIX / Print Shop / Banner Store
Property Details for 1001 Hl St
- Year built
- 1922
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 11,561 SF
- Zone code
- LAR5
- Property type
- Retail space
- APN
- 5139-012-001
- APU
- 5139012001
Description
This exceptional 4,512 square foot retail property, located at 1001 S Hill St in Los Angeles, CA 90015, presents a compelling investment opportunity. Situated on a prominent corner lot spanning 0.34 acres, this Class C building offers significant potential for redevelopment or continued operation as a retail space. Built in 1922, the single-story structure boasts a desirable location in the heart of Downtown Los Angeles. The asking price is $8,000,000, representing a 1.58% capitalization rate. The property's prime location at the intersection of 11th and Hill Streets provides excellent visibility and accessibility. Given the seller's motivation, all offers are being considered. This presents a rare chance to acquire a well-positioned retail asset in a thriving urban environment. The substantial lot size allows for various development possibilities, making it an attractive prospect for investors seeking a strong return on investment or developers envisioning a mixed-use project. The property's history and location combine to create a unique opportunity in a dynamic and rapidly evolving market. Serious inquiries are encouraged.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,569,000
Market price range: $2.57M - $9.39M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.259
- Latitude
- 34.0416
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA