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747 10th St 101 Los Angeles, CA 90021-2255

OFF-MARKET Retail space Google Maps
2,630 SF 0.64 ac lot Built 2010
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$860k
Range $774k – $946k (±10%)
Property ID US10-0108485

Property summary

AI-generated overview

This exceptional 1,760 square foot retail showroom, located at 747 E 10th St, Los Angeles, CA 90021, presents a rare investment opportunity in the heart of the city's Fashion District. The property, situated in a recently revitalized area, offers a street-level storefront with a second-floor mezzanine, providing a versatile and dynamic space ideal for high-end retail. Completely renovated in 2022, this single-unit shopping center boasts a prime location with high foot traffic, ensuring maximum business exposure. Conveniently located near major freeways (110, 60, 5, and 10), it offers easy access to Downtown LA, the financial district, and USC Headquarters. The asking price is $1,430,000, representing a price per square foot of $812.50 and a 7.00% cap rate. Seller financing options are available, making this a compelling opportunity for owner-users. The property is also suitable for 1031 exchanges. This meticulously maintained space offers an unparalleled chance to establish a presence in one of Los Angeles' most vibrant and sought-after retail districts. The property's strong location and recent renovation combine to create a truly exceptional investment opportunity. Don't miss this chance to own a piece of LA's fashion legacy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Construction TILT-UP CONCRETE
Total area 2,630 SF
Lot 0.64 ac (27,750 SF)
Zoning code LAM2
APN 5132-001-056
UPID US10-0108485

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Textile Manufacturer
  • Clothing Store
  • Clothing & Fashion Store
  • Big Box & Wholesale Store
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
$940k
Comparable Approach Comparable
$854k
Blend (final) Blend
$860k

Owner & transaction history

since 2024
Last sale
$859,000
5 recorded transactions
2024
$859,000
2023
$895,746
2012
$2.3M
2012
Price N/A
2012
Price N/A

Zoning & alternative use

LAM2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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