Shopping Strip

1525 South Main Street

1525 S Main St, Los Angeles, CA 90015

Listing Price: $8,600,000

Cap Rate
3.30%
Gross SF
34,740
Rentable SF
34,740
Price/Gross SF
$247.55
Lot Size
0.49 acres
Year Built
1928

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1525 South Main Street, located on the Eastern border of the Downtown Los Angeles Fashion District. The subject site consists of four land parcels totaling approximately 0.49 gross acres or 21,143 Square Feet. The land is improved with an existing three retail buildings totaling approximately 34,740 Square Feet. The property sits on the Northwest corner of Main street and Venice boulevard and lies in the South Park district in Downtown Los Angeles, where is the location of the Los Angeles Convention Center, the Staples Center, the “Los Angeles Live” entertainment complex and the Fashion Institute of Design & Merchandising. The property is ideal for redevelopment due to its rectangular shape with two-street frontage, maximizing access and minimizing setbacks for access. This property offers tremendous potential as it is positioned to capitalize not only on the future growth of the west coast fashion industry but also on the momentum of developments in Downtown Los Angeles. Downtown Los Angeles is currently experiencing a boom in development activity and it is extremely strong in all product types - residential, hotel, retail, office, and civil & culture. Overall, Downtown Los Angeles has experienced an incredible transformation.

Investment Highlights

  • Perfect Investment/Development Opportunity
  • Adjacent to Freeway 10 and 110
  • Transit Score: Rider's Paradise (99)
  • High Visibility on Heavily Traveled Streets
  • Excellent Corner Location on Venice and Main
  • Minutes to Fashion District and Arts District
  • High Potential Upside for Both Owner/User + Investor
  • In the Opportunity Zone

Exclusively Listed By

Shopping Strip

1525 South Main Street

Listing Price: $8,600,000

Cap Rate
3.30%
Gross SF
34,740
Rentable SF
34,740
Price/Gross SF
$247.55
Lot Size
0.49 acres
Year Built
1928

Investment Highlights

  • Perfect Investment/Development Opportunity
  • Adjacent to Freeway 10 and 110
  • Transit Score: Rider's Paradise (99)
  • High Visibility on Heavily Traveled Streets
  • Excellent Corner Location on Venice and Main
  • Minutes to Fashion District and Arts District
  • High Potential Upside for Both Owner/User + Investor
  • In the Opportunity Zone

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1525 South Main Street, located on the Eastern border of the Downtown Los Angeles Fashion District. The subject site consists of four land parcels totaling approximately 0.49 gross acres or 21,143 Square Feet. The land is improved with an existing three retail buildings totaling approximately 34,740 Square Feet. The property sits on the Northwest corner of Main street and Venice boulevard and lies in the South Park district in Downtown Los Angeles, where is the location of the Los Angeles Convention Center, the Staples Center, the “Los Angeles Live” entertainment complex and the Fashion Institute of Design & Merchandising. The property is ideal for redevelopment due to its rectangular shape with two-street frontage, maximizing access and minimizing setbacks for access. This property offers tremendous potential as it is positioned to capitalize not only on the future growth of the west coast fashion industry but also on the momentum of developments in Downtown Los Angeles. Downtown Los Angeles is currently experiencing a boom in development activity and it is extremely strong in all product types - residential, hotel, retail, office, and civil & culture. Overall, Downtown Los Angeles has experienced an incredible transformation.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower