921 Crocker, Los Angeles, CA 90021
sale
$950,000
|
Retail
Courtesy Of Burts & Associates
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, cafe, 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.
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Property Features
- Age: 41-50 Years Old
- MLSID: SR26222707
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