A-Line International
527 W. 7th Street
Suite 510
Los Angeles 90014
ph: 213-623-1200
fax: 213-623-3964
Manageme
Building Area: +/- 48,000 sf
Floor Plate: 12,236 sf
Floor Area Ratio: 13x buildable site area
Current Vacancy: approximately 50%
Potential Effective Gross Income: $1,615,000 (contact us for details)
Asking Price: $14,900,000.00
This 3-Story Jewelry Wholesale Building is located in the heart of Los Angeles' famous Jewelry District. Downtown Los Angeles boasts the second largest Jewelry District in the world with over 5,000 wholesale and retail jewelry shops in the 30 or so multi-story buildings throughout the district. Located along West 7th Street, this building is also being included as part of the City's redevelopment of "Restaurant Row", which runs 4 blocks along W. 7th Street from Figueroa to Olive. Already, W. 7th Street has several new residential loft developments within a block as well as many new retail stores, restaurants, bars and the Los Angeles Athletic Club directly across the street.
This building has great upside potential in that it currently holds 80+ first class jewel retail booths that are collecting well under-market rate rents, with the majority on month to month leases. 92 feet of retail storefronts containing 10 premium jewelry booths. The 10,000 sf third floor is unique as 6000 sf is indoor and the remaining 4000sf is outdoor - perfect for outdoor seating for a roof-top bar and or restaurant/s. Elevator services the third floor along with two interior stairwells, and three fire escapes.
CONTACT CHRIS ORTMAN
213-500-2794 or
THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE ALTHOUGH A-LINE INTERNATIONAL REALTY, INC. DOES NOT DOUBT ITS ACCURACY; WE HAVE NOT VERIFiED IT AND MAKE NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO ITS ACCURACY. IT IS YOUR RESPONSIBILITY TO INDEPENDENTLY CONFIRM ITS ACCURACY AND COMPLETENESS. THE PROPERTY IS SUBJECT TO PRIOR SALE, CHANGE, CORRECTION OR WITHDRAWAL FROM THE MARKET WITHOUT NOTICE.
A-Line International
13223 Ventura Blvd
Suite F
Studio City, CA 91604
ph: 818-990-4000
fax: 818-990-0141
acquisitions@alineinternational.com
A-Line International
527 W. 7th Street
Suite 510
Los Angeles 90014
ph: 213-623-1200
fax: 213-623-3964
Manageme