Commercial for Sale in Los Angeles, California

1048 S Los Angeles Street, Los Angeles, California 90015, US

$ 4,950,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 4,950,000
  • MLS ID: 26850005
  • Property Type: Commercial
  • WEB ID: PR03659318
  • Property Status: Active
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California
  •  Commercial for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 4,950,000
  • MLS ID: 26850005
  • Property Type: Commercial
  • WEB ID: PR03659318
  • Property Status: Active
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.

Additional Features

  • Phone System
  • TV System
  • Elevators
  • Brick
  • Electric
  • Wall Furnace
  • Parking spaces: 0.00
  • Listing Status: Active
  • Listing Agent: Bobak Kalhor (lic# 01198998) of CLAW
  • Listing Office: K2 Investment Inc. (lic# 01198998)
  • Based on information from CRISNet MLS as of 6th November 2026 at 12:38pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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