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Property profile & analytics
OFF-MARKET Estimated value $1,455,000
Outlet malls

1139 Santee St Los Angeles, CA 90015-1721

6,450 SF 0.17 ac lot Built 1956
Individually Owned Free & Clear
Property ID
US10-0483139
Property summary
AI-generated overview

This three-unit, 6,450-square-foot shopping center, located at 1139 Santee Street in Los Angeles, CA 90015, presents a unique owner-user opportunity. The property, built in 1956 and situated on a 7,500-square-foot lot (APN 5145-021-016), boasts a prime location in the heart of the Downtown Los Angeles Fashion District, adjacent to the renowned Santee Alley. Currently, two units are occupied, while one is vacant, offering immediate potential for customization. The three-story building is zoned LA M2 and benefits from high visibility and heavy traffic exposure, with a 2018 traffic count of 7,028 vehicles per day. Its proximity to numerous new development projects and the availability of nearby street and contract parking further enhance its appeal. The asking price is $4,000,000. This asset is ideal for retail or wholesale fashion businesses seeking a prominent Downtown Los Angeles presence. The property is delivered vacant, allowing for immediate occupancy and tenant improvements to suit the buyer's specific needs.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1956
Construction TILT-UP CONCRETE
Total area 6,450 SF
Lot 0.17 ac (7,500 SF)
Zoning code LAM2
APN 5145-021-016
UPID US10-0483139
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.46M
Owner & transaction history
Parviz Ebrahimian & Jaleh Ebrahimia
Parviz Ebrahimian & Jaleh Ebrahimia
since 2026
5 recorded transactions
2026
Price N/A
2025
Price N/A
2024
Price N/A
2007
Price N/A
1989
Price N/A
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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