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1015 Crocker St
Los Angeles, CA 90021

$250,000 USD

Storefront Condo For Sale  •  1,086 SF

Property Details

  • Property Type Storefront
  • Total Building Size 61,248 SF
  • Building Class C
  • Year Built 2003
  • Tenancy Single
  • Zoning LA M2
88 Transit Score
74 Walk Score

1 Unit Available

Name Condo Use Size Price Details
P1 Floor - Unit P06 Retail 1,086 SF $250,000 USD
  • Unit Size: 1,086 SF
  • Condo Use: Retail
  • Price: $250,000 USD
  • Sale Type: Owner User
  • Price/SF: $230.20 USD
Description
Located in the San Pedro Wholesale Mart
• Completely refurbished corner parking level unit
• Includes 3 rooms, restroom, and 2 parking spaces
• Located just to the left of the escalator
• Heart of the DTLA Fashion District
• Ideal for any retail fashion use
• Tenant controlled HVAC
• Located one block east of San Pedro Street
and three blocks north of Pico Boulevard
• One-half mile north of the Santa Monica Freeway
• Heavy traffic area: 24,222 vehicles per day

Sale Notes
AS IS

Description

Commercial condominium with an estimated ±1,086 SF. The single condo unit is part of a larger, ±61K SF, multi-tenant condo project known as the San Pedro Mart. Site is zoned M-2-2D (City Center) and allows for a variety of retail, showroom/warehouse & service/office uses. ** HOA fees are roughly $733 per month

Originally built circa-2000, the San Pedro Mart building consists of three-stories above basement and is of concrete and steel construction with exterior stucco finish. Its roof is a flat, reinforced system which partially serves as tenant surface parking. Additional features include tenant street-level eyebrow signage, elevator, escalator (basement), 12’ - 18’ clear height and tenant customer parking estimated at 0.50:1,000.

1015 Crocker Street is located within the Fashion District of Downtown Los Angeles (DTLA). Situated south of downtown’s central business district and east of South Park (LA Live, Crypto.com Arena), the area is the hub of the LA fashion industry, featuring more than 2,000 independently owned retail and wholesale businesses focusing on apparel, accessories, and footwear. The district is also home to popular Santee Alley with the largest selection of fabrics in the region as well as the LA Flower District, the largest flower market in the country. Specifically, the subject site sits at the southwest corner of 9th and Crocker Streets, just 1-block east of San Pedro Street. Both 9th and San Pedro Streets are primary arterials offering direct access to multiple freeways to include the 110 (1-mile west), 10 (1/2-mile south) and the 101 & 5 interchange (1.5-miles east). The area immediately surrounding the subject property is comprised almost exclusively of low to mid-rise commercial (retail, showroom, office, warehouse) uses with heavier uses (manufacturing) to the south and east. Area demographics include a dense population of 207k having a median household income of $43K (2-mile). Daytime employment is a robust 78K (1-mile).

Financial Summary

Total Expenses: $0 USD

Amenities

  • Banking
  • Metro/Subway
  • Property Manager on Site
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 5 min - 2.0 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 - 2.5 mi
Transit/SubwayDriveWalkDistance
San Pedro Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 25 min - 14.9 mi
Bob Hope 27 min - 18.7 mi
Long Beach (Daugherty Field) 31 min - 22.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Covered
Included in Rent: Yes
Eli Mashiach 310-229-9850 HR Property Group
Eli Mashiach 310-229-9850 HR Property Group