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    Property profile & analytics
    OFF-MARKET Estimated value $16,710,000
    Investment properties

    500 7th St, Los Angeles, CA 90014-2502

    147,916 SF 0.77 ac lot Built 1917
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-6484182
    Property summary
    AI-generated overview

    This exceptional 2,000-square-foot retail space is ideally situated in Los Angeles' vibrant downtown core, specifically within the bustling Financial/Jewelry District. Located at 500 W 7th Street, zip code 90014, this single-tenant property offers unparalleled visibility and accessibility. The property is a highly desirable endcap unit, ensuring maximum exposure to pedestrian and vehicular traffic. The entire 2,000 square feet is currently vacant, presenting a blank canvas for a discerning tenant to customize and establish their business. The building's location within Los Angeles County, California, places it in a high-traffic area with significant foot traffic and proximity to major transportation arteries. This presents a unique opportunity for businesses seeking a prominent location in a thriving commercial district. The property's classification as a commercial retail space makes it suitable for a wide range of retail ventures. Its single-tenant occupancy ensures exclusive use and control of the entire space. This is a rare opportunity to secure a prime retail location in a dynamic and rapidly growing area of Los Angeles. The property's size and location make it an attractive investment for businesses seeking high visibility and accessibility. Serious inquiries are encouraged to explore this exceptional retail space.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1917
    Construction STEEL FRAME
    Total area 147,916 SF
    Lot 0.77 ac (33,418 SF)
    Zoning code LAC2
    APN 5144-012-055
    UPID US09-6484182
    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
    • Citibank ATM Atm
    • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
    • Downtown LA Handyman Hardware & Home Improvement General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $18.92M
    Blend (final) Blend
    $16.71M
    Owner & transaction history
    Peykar Family LLC · 5 yrs held
    Peykar Family LLC
    since 2020
    5 recorded transactions
    2020
    2019
    1969
    1969
    1969
    Zoning & alternative use
    LAC2 · Los Angeles, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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