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$950,000
Est. payment /mo
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26222707
HOA Y/N No
Year Built 1977
Lot Size 0.587 Acres
Property Sub-Type Retail
Property Description
MAJOR $350,000 PRICE REDUCTION - Motivated Seller - Bring Offers: Burts & Associates is pleased to present 921 S. Crocker Street, Unit 21, a 1,680-square-foot retail property prominently situated at the corner of 9th Street and Crocker Street in the heart of Downtown Los Angeles' Fashion District. Built in 1977, the property offers excellent street visibility, strong pedestrian traffic, and an outstanding opportunity for owner-users and investors seeking a prime commercial location in one of the nation's largest wholesale garment and retail districts.
The property features $250,000 in interior improvements and exceptional owner-user flexibility, offering a substantially upgraded space suitable for a variety of retail, showroom, office, café, and specialty business concepts. Currently configured as a coffee shop, the property features high ceilings, polished concrete floors, an attractive storefront, and an upper-level mezzanine providing additional seating, office, or storage space. The extensive interior improvements, existing food-service build-out, two elevator-serviced rooftop parking spaces, and M2 zoning provide an excellent opportunity for an owner-user to establish or expand their business with reduced upfront improvement costs, depending on the intended use and applicable city approvals.
Conveniently located near Santee Alley, LA Face Mart, San Pedro Wholesale Mart, and The City Market, the property benefits from excellent accessibility, established commercial activity, and a Walk Score of 92.
This offering presents an exceptional opportunity for an owner-user to acquire a property with $250,000 in existing interior improvements, customize the space to meet their business needs, and build long-term real estate equity, while also providing investors with potential leasing income and long-term appreciation in Downtown Los Angeles.
The property features $250,000 in interior improvements and exceptional owner-user flexibility, offering a substantially upgraded space suitable for a variety of retail, showroom, office, café, and specialty business concepts. Currently configured as a coffee shop, the property features high ceilings, polished concrete floors, an attractive storefront, and an upper-level mezzanine providing additional seating, office, or storage space. The extensive interior improvements, existing food-service build-out, two elevator-serviced rooftop parking spaces, and M2 zoning provide an excellent opportunity for an owner-user to establish or expand their business with reduced upfront improvement costs, depending on the intended use and applicable city approvals.
Conveniently located near Santee Alley, LA Face Mart, San Pedro Wholesale Mart, and The City Market, the property benefits from excellent accessibility, established commercial activity, and a Walk Score of 92.
This offering presents an exceptional opportunity for an owner-user to acquire a property with $250,000 in existing interior improvements, customize the space to meet their business needs, and build long-term real estate equity, while also providing investors with potential leasing income and long-term appreciation in Downtown Los Angeles.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Level, Sprinkler System, Street Level
Story 2
Water Public
Others
Tax ID 5132001127
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Cynthia Burts Burts & Associates 310-308-8003, DRE #01134271
Nearby School & Business
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