416-424 Wall St, Los Angeles, CA 90013
23,940 SF | 100% Leased | Retail Building | Los Angeles, CA 90013 | $3,400,000 ($142/SF) | 8.14% Cap Rate
For Sale
Active
9 pictures
Asking Price $3,400,000
- Property Type
-
Retail
- Square Feet
- 23,940 SF
- Price / Square Foot
- $142
Listing Contacts
David Weinberger
Megan Husri
Property Overview
416-424 Wall Street is a two-story Retail Storefront/Retail Office property in Downtown Los Angeles. Built in 1917, it encompasses 23,940 SF with eleven suites on a 15,010 SF lot, and is zoned LAC2. 416-424 Wall Street is situated on the corner of Wall St. and Winston St., with traffic counts exceeding 9,000+ cars daily.
The subject property boasts a prime, high-traffic location, with a prominent street presence of an impressive 146 Feet of frontage on Wall Street and 102 Feet on Winston Street.
The exceptional Location Score of 92, a Walk Score of 96, and a Transit Score of 100 create unparalleled convenience for this retail center for customers and employees.
Sale is subject to court confirmation and possible overbid. Call listing agents for details - 661.839.3032. Send all offers to [email protected]. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller or Sellers Agents to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all information provided.
The subject property boasts a prime, high-traffic location, with a prominent street presence of an impressive 146 Feet of frontage on Wall Street and 102 Feet on Winston Street.
The exceptional Location Score of 92, a Walk Score of 96, and a Transit Score of 100 create unparalleled convenience for this retail center for customers and employees.
Sale is subject to court confirmation and possible overbid. Call listing agents for details - 661.839.3032. Send all offers to [email protected]. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller or Sellers Agents to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all information provided.
Property Details
- Class
- C
- Year Built
- 1917
- Stories
- 2
- Property Subtype
- Storefront Retail/Office, Storefront, Manufacturing
- Lot Size (sq. ft)
- 14,810 SF
Highlights
- Excellent Visibility in the heart of the DTLA Toy District
- Current Cap Rate of 8.1%, Includes New Property Taxes
- 11 Suites | 100% Occupied
- Low Price Per SF: $142
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