Turnkey Fashion District Retail/Office Condo 747 E 10th St

2,850 SF Retail Unit Online Auction Sale Los Angeles, CA 90021

Counterbid
We have been authorized to place a counterbid on the seller’s behalf in order to encourage buyer and seller toward a mutually agreeable price. We will stop counterbidding once the seller’s reserve price has been met.
Auction On 28 April - 30, 2025
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Auction Ends
Finalizing
$250,000
Starting Bid
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Current Bid
Current Purchase Price
$100,000
Bid Increment
Status
Reserve Not Met
In Progress
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INVESTMENT HIGHLIGHTS

  • Retail showroom condo providing turnkey space at the heart of LA’s fashion district, delivering great brand presence to growing businesses.
  • Businesses benefit from an open mezzanine showroom, restrooms on both floors, dedicated office space, and frontage to walkable, tree-lined streets.
  • More than 198,000 residents live within a 2-mile radius, providing consumer spending of more than $1.9 billion in 2024.
  • Sitting minutes from Downtown LA, the two-story condo is easily accessible via major freeways, including the 110, 60, 5, and the 10.
  • Excellent location places businesses in a growing commercial hub near the financial district and the USC Headquarters.

EXECUTIVE SUMMARY

Nestled in the heart of Los Angeles’s vibrant Fashion District, 747 E 10th Street Unit 108 presents a rare opportunity to own a piece of the city’s commercial legacy. This high-end retail showroom is situated in a recently revitalized section of the district, offering a dynamic and versatile space for discerning investors. 747 E 10th Street Unit 108 provides a meticulously maintained unit, ensuring a pristine environment for high-end retail or office pursuits. With a street-level presence and an additional second-floor mezzanine, the space is designed to cater to a variety of business needs. There is a half-bathroom on both floors, and the first floor features a small, dedicated office space. Located in a bustling area known for its high foot traffic, the showroom condo is perfectly positioned to maximize business exposure and customer engagement. This is an ideal setting for businesses looking to thrive in a lively urban environment. Just minutes away from Downtown LA, 747 E 10th Street Unit 108 offers easy access to major freeways, including the 110, 60, 5, and 10, placing it at the nexus of Los Angeles’s transportation network. This accessibility is invaluable for both customers and business operations. Placement near the financial district and the USC Headquarters positions 747 E 10th Street Unit 108 among the city’s hubs of commerce and academia. This proximity enhances the property’s appeal to a wide range of potential clients and partners. The location benefits from continuous growth in job opportunities and urban development, ensuring the stability of this investment and the likelihood of enhanced value and appeal over time. Seize the opportunity to elevate a growing business’s presence with 747 E 10th Street Unit 108’s blend of luxury, location, and convenience that makes it not just a space but a statement in the heart of Los Angeles.

DATA ROOM Click Here to Access

PROPERTY FACTS

Unit Size 2,850 SF
No. Units 1
Total Building Size 67,952 SF
Property Type Retail (Unit)
Property Subtype
Storefront Retail/Office
  • Light Industrial Showroom
  • General Retail Storefront
Sale Type Investment
Building Class A
Number of Floors 4
Typical Floor Size 2,850 SF
Year Built 2010
Lot Size 0.64 AC
Parking Ratio 0.7/1,000 SF
Opportunity Zone Yes
Sale Condition Auction Sale
Type of Ownership Fee Simple

1 UNIT AVAILABLE

Unit 108

Unit Size 2,850 SF
Unit Use Retail
Sale Type Investment
No. Parking Spaces 2
APN/Parcel ID 5132-001-063
Walk Score®
Very Walkable (78)
Transit Score®
Rider's Paradise (91)
Bike Score®
Very Bikeable (76)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
53,196
468,418
1,177,292
2,072,644
2029 Population
52,536
453,087
1,136,392
2,000,809
2024-2029 Projected Population Growth
-1.2%
-3.3%
-3.5%
-3.5%
Median Age
38.8
35.1
36.0
36.9
College Degree + Higher
43%
25%
23%
18%
Daytime Employees
77,729
338,683
549,117
944,785
Total Businesses
12,587
38,638
68,183
122,767
Average Household Income
$85,482
$69,613
$74,601
$81,504
Median Household Income
$51,670
$46,392
$52,222
$57,557
Total Consumer Spending
$666.7M
$4B
$10.6B
$20B
2024 Households
27,400
163,396
393,788
702,702
Average Home Value
$838,368
$713,381
$746,380
$759,329
$ values in USD

AMENITIES

  • Bus Route
  • Signage

NEARBY MAJOR RETAILERS

Bank of Hope
Planet Fitness
Starbucks
U.S. Bank
King Taco Restaurant Inc
Yoshinoya
Grocery Outlet
Kelly's Coffee & Fudge Factory
Chase Bank
Bank of America

ZONING

Zoning Code LAM2 (General Manufacturing)

SALE ADVISORS

SALE ADVISORS

(213) 613-3135
Contact
Brent Koo, First Vice President
(213) 613-3135
Contact
Brent is a First Vice President of CBRE and specializes in advising industrial and corporate solutions for his clients. He had built his foundation of expertise first by managing over 150 industrial and commercial units in DTLA. During this time, he was able to establish a sound understanding of the industrial market and build a basis for long lasting relationships with his clients.

Brent has been a top producer in the Los Angeles market for over 15 years and has successfully brokered over $1 billion in total consideration. Brent is well respected from his clients for his trustworthiness and his ability to successfully execute no matter how complex or challenging the situation is. Brent is a member of KREBA (Korean Real Estate Brokers Association) and KITA (Korean International Trade Association).
(213) 613-3137
Contact
Lex Yoo, First Vice President
(213) 613-3137
Contact
As the First Vice President of the CBRE, Lex Yoo offers comprehensive and tailored advisory services to investors interested in various real estate asset classes across the entire United States. He is a highly accomplished commercial real estate advisor specializing in facilitating Korean corporations' expansion into the US market and assisting individual investors looking to invest in US real estate through the CBRE Korea Desk.

With over 15 years of active engagement in the commercial real estate industry and a remarkable transaction volume exceeding $1 billion, Lex brings a wealth of experience and expertise to his role. Prior to his career as a broker, he served as an investment director, overseeing the acquisition of over $1 billion in distressed real estate assets across various categories, including industrial, multi-family, hospitality, retail, and mixed-use properties. Lex's extensive background and deep industry knowledge make him an invaluable resource for clients seeking successful real estate ventures in the US market.

ABOUT THE AUCTION PLATFORM

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial property. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT

Derek Rudd
Auctioneer License:
  • Listing ID: 34968258

  • Date on Market: 14/03/2025

  • Last Updated:

  • Address: 747 E 10th St, Los Angeles, CA 90021