Search Units at 518-536 E 11th St
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CORNER 5 UNIT FASHN D BLDG FOR SALE
For Sale 518-536 E 11th St$1,700,000 7,532 SF $226/SFSale Type : Standard # of Units : 5 CAM : n/a CAP : 5.8%This property is located on the corner of 11th St & San Julian St in a world of its own, the DTLA Fashion District. This area is ideal for all things fashion, artists, photographers, film/video production companies, content creators, tattoo studio, beauty related businesses, and more. The property is a couple blocks away to the entrance of Santee Alley which is the location that gets the most retail foot traffic in the Fashion District. Additionally, City Market South is across the street on San Julian St, and it features an array of restaurants as well as Cognoscenti Cafe. These spaces feature windowed frontage with tons of NATURAL LIGHT along with with metal roll-up doors, soaring ceilings, CENTRAL HVAC's, private bathrooms, and more. There's metered street parking along with roof parking next door for a monthly fee. Plenty of other parking options nearby as well. Commercial real estate has been in a bear market since 2020 and inflation has increased by around 40% since then. For sale commercial property, price per square foot wise, is near, if not at, historic lows- in both real and in nominal terms. You never buy at all time highs, but you do buy at historic lows! Come buy this unique building in this creative ecosystem, because the area has huge potential for creatives and general commercial uses. This is an excellent long hold acquisition to increase the diversity of your investment portfolio and as a hedge against inflation. Motivated seller. TEXT 213-304-4727 [envira-gallery id="37617"]










