819 Flower St Los Angeles, CA 90017-4607
This exceptional 5,000-square-foot commercial space in Los Angeles County, located at 819 S. Flower Street, presents a unique investment opportunity. The property is currently entirely vacant and offers two distinct spaces ideal for a variety of uses. One space is a fully built-out, two-level spa within the trendy O Hotel, featuring six private treatment rooms, a reception area, an open manicure space, separate men's and women's restrooms with steam showers and lockers, and treatment beds. This turnkey spa setup is ready for immediate occupancy and benefits from the hotel's existing clientele. The second space is a chic basement-level bar/restaurant area, conveniently located just off the hotel lobby. This space is perfect for a speakeasy or lounge concept and includes a fully equipped kitchen. Importantly, a Type 47 license is already owned by the hotel, streamlining the permitting process for a new operator. This vibrant location is surrounded by established businesses in a rapidly growing neighborhood, providing a strong foundation for success. The property's central location and proximity to the O Hotel offer significant advantages for both the spa and bar/restaurant spaces, ensuring high visibility and access to a built-in customer base. This is an unparalleled opportunity to establish a thriving business in a dynamic and desirable urban setting. The total square footage is 5,000 square feet, with 2,500 square feet available in each space.
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DTLA Acupuncture Physician
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O Hotel Hotel & Motel
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The Loft LA Restaurant
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The Queensberry Bar & Pub Nightclub
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Frais Spa at The O Hotel Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.