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16th and Los Angeles Streets SWC
Los Angeles, CA Fashion District

$7,500,000 USD

Portfolio For Sale  •  33,830 SF

2 Properties View all

Property Details

• Property Type Unknown
• Cap Rate 3.31 %

98 Transit Score

90 Walk Score

Highlights

Two Adjacent Buildings For Sale

Three Story Multi-Tenant Building With Freight Elevator

Partial Basement Not Included in Square Footage

Multi-Tenant Single Story Building Built in 2008

Stable Tenant Mix

Financial Summary (Actual)

Net Operating Income: $248,000 USD (2024)

Cap Rate:	3.31 %
Total Expenses:	$184,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	2.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	2.6 mi
Transit/Subway	Drive	Walk	Distance
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
San Pedro Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	14 min	0.7 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.8 mi
LATTC/Ortho Institute (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	14.1 mi
Bob Hope	27 min	-	15.5 mi
Long Beach (Daugherty Field)	30 min	-	21.4 mi