1048 Los Angeles, Los Angeles CA 90015 | $4,950,000
Listing provided courtesy of Bobak Kalhor of K2 Investment Inc.. Last updated 2026-09-12 08:22:35.000000. Listing information © 2026 SANDICOR.
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.
More Details
2 Stories
Parking Spots: 0.00
Asset Class: Retail
Asset Class: Office
Electricity Available
Security Feature: Fire Sprinkler System
Security Feature: Fire and Smoke Detection System
Security Feature: Fire Rated Drywall
Security Feature: Smoke Detector(s)
Security Feature: Gated Community
Roof: Fire Sprinkler System
Roof: Fire and Smoke Detection System
Roof: Fire Rated Drywall
Roof: Smoke Detector(s)
Roof: Gated Community
Construction Materials: Brick
Heating: Electric
Heating: Wall Furnace
