Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2320/ Marcus & Millichap is pleased to present 746 S Los Angeles St, Unit #1, a commercial retail condo located in the heart of Los Angeles’ Fashion District. The unit offers approximately 5,590 square feet of ground-level retail space, along with an additional 1,949 square feet of mezzanine space, totaling 7,539 square feet of leasable area. The Property is situated within the iconic Cornell Building, part of the Santee Village community, which features 95 residential live/work loft condominium units. Currently occupied on a month-to-month basis by the neighboring clothing store operator, the unit will be delivered vacant, offering a prime opportunity for a new tenant or owner-user in this vibrant and bustling district. The property is just one block from the iconic “Santee Alley” shopping district. Santee Village, located at the northern end of the Fashion and Garment District, offers a host of amenities, including a swimming pool, hot tub, rooftop sun deck, fitness center, half basketball court, golf driving range, controlled access, covered garage parking, and 24-hour security patrol. The property is within walking distance of countless shops, restaurants, coffee spots, bars, pubs, entertainment venues, and transportation options. Key demand drivers in the area include the Walt Disney Concert Hall, museums, Crypto.com Arena, Los Angeles Convention Center, Apple, Urban Outfitters, Ross, Whole Foods, Target, and more. The Fashion District in Downtown Los Angeles is a dynamic and highly concentrated commercial hub spanning approximately 100 blocks. With over 2,000 independently owned businesses, the district attracts a diverse customer base, including fashion designers, buyers, and everyday shoppers. The Property offers excellent connectivity via major freeways (I-10, I-110, and US-101) and public transit, including the Metro Rail system. Proximity to the Port of Los Angeles and LAX bolsters its appeal as a distribution and logistics hub. The Fashion District is also experiencing significant redevelopment, with new mixed-use projects, creative office spaces, and residential units capitalizing on the city's broader downtown revitalization efforts. The Property is positioned in a dense area with ±474,942 people within a 3-mi radius and an average household income of $70,635.