4-Story Mixed Use Building - Owner/User Opportunity - Fashion District

Highlights:

• Owner/User Opportunity
• Multiple Tenants
• Parking: Assigned, Street, Covered Garage
• Heavy Foot Traffic Location In Fashion District
• Easy Freeway Access
• Opportunity Zone
• Fully Sprinklered
• Rear Access To Units For Loading

Description:

777 East 10th Street is a ±86,459 SF mixed use property located in downtown Los Angeles, CA. The subject property is a four-story building situated on the corner of East 10th Street and Towne Avenue, just south of Olympic Blvd. The property features an excellent mix of retail tenants. Located along the border of the Fashion District and the Warehouse District, there is abundant restaurants and retail within walking distance. The property offers great street visibility and frontage with daily heavy foot traffic. 777 E 10th Street ideally offers 145 below grade parking spaces for tenants and visitors in a shopping area with limited parking. The property offers nearby access to the 5, 10, 101 and 110 Freeways. The subject property is located close to all major wholesale/retail Fashion District tenants and is within walking distance to the renowned Santee Alley. The location is only minutes from LA LIVE, LA Convention Center, Staples Center, Downtown, and The Arts District.

An owner user may occupy the two top floors of the building. On the fourth floor, there is a spacious roof deck with commanding views of downtown Los Angeles. The offices have 16’ tall exposed ceilings with polish concrete floors making it an ideal location for a corporate headquarters. As the building is zoned M2, design and manufacturing uses are allowable throughout the building.

There are 3 elevators serving all 4 floors, including a freight elevator that will load pallets that also serve two levels of secured underground parking.

777 East 10th Street is located in Downtown Los Angeles, CA. Downtown does not have official boundaries, but is generally considered as encompassing Chinatown to the north and bounded by the River to the east, the 10 Freeway to the south and the 110 Freeway to the west. Downtown Los Angeles is comprised of multiple districts - Fashion District, Warehouse District, Central City East, Arts District, Toy District, South Park, Little Tokyo, Financial District, among others. The Financial District attracts a large number of visitors, due to its abundant offering of affordable retail stores. Downtown Los Angeles continues to grow with upcoming development projects, such as The Grand, AMP Lofts, Perla and the Apple Store (historic Tower Theater). Nearby Fashion Marts are San Pedro Wholesale Mart & Annex, Stanford Wholesale Mart, LA Fashion Mart and Stanford Plaza. Being the west coast’s hub of fashion, along with the largest flower market in the country and the largest selection of textiles and notions in the US, the LA Fashion District is jammed packed with 4,000+ independently owned and operated retail and wholesale businesses. The 107 blocks of creativity, community and color that make up the LA Fashion District are safe, walkable, and easy to navigate with the district being geographically divided into 17 distinct categories. The majority of the district’s high-end retail is located between Broadway and Los Angeles Street from 8th to 11th Streets.

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