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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34385172

1407-1409 W 11th St, Los Angeles, CA 90015 For Sale

$3,900,000
4 days on market
Updated 4 days ago

1407 W 11th St

Details
Property Type Retail, Office (+1)
Sub Type Storefront, Traditional Office (+1)
Square Footage 6,630
Units 2
Cap Rate 5.80%
NOI $226,200
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $588
Class C
Year Built 1924
Year Renovated 2021
Buildings 1
Stories 2
Acreage 0.144
Zoning LAC1
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.51
Ground Lease No
Ceiling Height 14
Sale Condition For sale by owner

Retail | 5.80% CAP | 6,630 SqFt

Marketing description

This Downtown Los Angeles mixed-use asset combines 6,630 SF across commercial and residential uses with exceptional flexibility for investors or owner-users. One block from LA Live, it features rooftop skyline views, high ceilings, and secure parking, creating strong appeal for live/work, income, or repositioning strategies.

Investment highlights

  • The property's mixed-use layout, in-place occupancy, and one-block proximity to LA Live and the Convention Center create compelling investment and owner-user flexibility
  • High ceilings, skyline-view rooftop patio, and secure parking for up to 10 cars further enhance tenant appeal
  • Nearby transit and development support future upside

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$226,200.00
$18,850.00/mo

Valuation Metrics

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DSCR
5.8%
Cap Rate
5.8%
ROI

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Property History

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