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Property profile & analytics
FOR LEASE
Retail space

305 E 9Th St Los Angeles, CA 90015

174,917 SF 1.08 ac lot Built 1989
Entity Owned 24-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6494059
Property summary
AI-generated overview

This exceptional opportunity presents eight creative office suites ranging from 576 to 1,608 square feet, ideally situated in Los Angeles' vibrant Fashion District at 305 E 9th St, 90015. Located in a four-story building constructed in the 1980s, this property boasts a unique character, originally designed as fabric showrooms. The building features exposed ceilings and mostly cement flooring, with many units offering central HVAC and large windows providing ample natural light. Some units, priced at a lower price per square foot, lack windows. All units benefit from 24/7 access. Rooftop parking is available for an additional monthly fee. The building's prime location offers easy access to numerous restaurants, cafes, and bars, and is conveniently across the street from a Starbucks. Landlord is open to negotiating lease terms and may be willing to customize spaces to meet tenant needs. A minimum one-year lease is required, with longer lease terms potentially preferred by the owner. Credit score of 670+ is required, with no prior evictions or bankruptcies. Event tenants are not permitted. Showings are by appointment only. The first year's rent is a promotional rate, with subsequent years negotiable.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction CONCRETE
Total area 174,917 SF
Lot 1.08 ac (46,988 SF)
Zoning code LAM2
APN 5145-012-026
UPID US09-6494059
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
Current use
Occupant on record · Public records
  • Curtis & Company Apparel Clothing Store Clothing Wholesaler
  • BC & CC Enterprises Marketing & Advertising IT Consulting Firm
  • Leo Textiles LA (Bike/Boat/Book/etc) Store
  • Fonix inc (Bike/Boat/Book/etc) Store
  • Axiland Rhinestone Depot (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.36M
Owner & transaction history
Shoomer LP · 24 yrs held
Shoomer LP
since 2002
5 recorded transactions
2004
Price N/A
2002
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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