818 S. Los Angeles St., Los Angeles
Retail | 7,951 SqFt
Marketing description
There are 13 major districts in Downtown LA (Historic Core, Arts District, Bunker Hill, Civic Center, Financial District, South Park, Little Tokyo, Fashion District, Toy District, Skid Rod, Wholesale District, Chinatown and Jewelry District); each of these districts formed originally over time, driven primarily by historical economic activities, land use/zoning, and immigrant communities.
The Subject Property is located in LA's Fashion District, which has been a vital economic hub in Downtown and the City of Los Angeles dates to the early 1900s when garment manufacturing was a major industry in the city.
The district started as a cluster of factories and warehouses that produced flowers, clothing, textiles, and accessories. In the 1920s, the district progressed into a wholesale market area as manufacturers and designers began to sell their products directly to retailers. The district continued to grow and expand over the decades, becoming a hub for emerging and independent fashion labels. Securing the Fashion District as one of the City's cultural heritage cornerstones and an essential destination for buyers, visitors, and residents worldwide.
Investment highlights
Well-maintained building in the heart of the Fashion District.
Turnkey clean retail interior.
Approximately 65ft of window frontage in a high foot traffic street (over 9,000 cars per day).
Over 30+ years of continuous fashion and formalware tenancy at the same address.
2 Retail tenants with leases expiring on 12/31/27.
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