1048 S Los Angeles St, Los Angeles, CA 90015
1048 S Los Angeles St, Los Angeles, CA 90015,Video Tour
1048 S Los Angeles St, Los Angeles, CA 90015
1048 S Los Angeles St, Los Angeles, CA 90015
1048 S Los Angeles St, Los Angeles, CA 90015
1048 S Los Angeles St, Los Angeles, CA 90015
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Shannon Guiragossian

Shannon Guiragossian

+1(760) 537-9002
$ 4,950,000
Est. payment | /mo

15,229 SqFt

Save Virtual Tour
$ 4,950,000
Est. payment | /mo
Save Virtual Tour

15,229 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,229 sqft

Price per Sqft $325

MLS Listing ID 26850005

Year Built 1922

Lot Size 7,816 Sqft

Acres 0.1794

Property Description

Rare opportunity to acquire an extensively reconstructed mixed-use retail and office property in the heart of Downtown Los Angeles' Fashion District. Situated on a signalized corner location, the property consists of approximately 15,229 square feet of retail storefronts and second-floor office suites. Following a 2009 fire, the building underwent substantial reconstruction and modernization including structural repairs, new roof systems, electrical upgrades, plumbing replacement, HVAC installation, elevator replacement, restroom reconstruction, and numerous building-wide improvements. Plans, permits, and final inspections are available. The property is occupied by long-term tenants operating primarily on month-to-month lease agreements, providing future ownership with significant flexibility and rental upside potential. Ownership has generally not implemented significant rent increases for approximately ten years, creating substantial mark-to-market opportunity. Prime Fashion District location near California Market Center, Santee Alley, LA Live, Crypto.com Arena, and the Los Angeles Convention Center. LAM2 zoning. Owner-user and value-add investment opportunity.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAM2

Interior

Heating Electric, Floor, Wall, Wall Electric

Laundry None

Exterior

Roof Type Flat

Building

Story 2

Water District

Structure Type Brick

Others

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=XNHiepCCuMo

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by K2 Investment Inc.

Nearby Locations

Shannon Guiragossian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 537-9002

shannongrealestate@gmail.com

36923 Cook St Suite B101, Palm Desert, CA, 92211, USA

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1048 S Los Angeles St