1114 S Los Angeles Street
A 44,480 SF multi-tenant industrial warehouse in the heart of the Downtown Los Angeles Fashion District — recently stabilised through a 2025–2026 lease-up, approximately 95% leased, minutes from the I-10/I-110 interchange. Offered exclusively by K2 Investment, Inc.
1114 S Los Angeles Street
A 44,480 SF multi-tenant industrial building in the Fashion District, one of Central Los Angeles’ most active and evolving commercial corridors. Four stories plus a lower level, elevator-served, originally constructed in 1920 and demised into suites ranging from roughly 545 SF to over 10,000 SF for warehouse, production, creative and office users.
The property is a recently stabilised asset — approximately 16,400 SF of new leases commenced between late 2025 and mid-2026 at current market terms, layering fresh contractual income, with built-in annual escalations, over a seasoned tenancy base. In-place scheduled income is approximately $409,000 per year.
The upside is embedded. One ±2,010 SF suite is available to lease today, contractual 3% escalations are in place on the recent leases, and seasoned leases sit well below the rents achieved on the 2025–2026 lease-up in this same building — a documented roadmap for rent growth as space rolls through a staggered schedule extending into 2031, while in-place cash flow carries the asset through the transition.
Ideal for 1031 exchange buyers, owner-users and private capital seeking functional Fashion District square footage with central freeway access.
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Property details
| Address | 1114 S Los Angeles Street, Los Angeles, CA 90015 |
| Asking price | $9,650,000 |
| Price per SF | $216.99 · on 44,480 SF gross building area |
| Building size | 44,480 SF gross building area (per L.A. County Assessor) |
| Property type | Multi-tenant industrial / warehouse with office and creative components |
| Stories | Four stories plus lower level · elevator-served |
| Year built | 1920 · masonry construction |
| Occupancy | ≈95% leased · one ±2,010 SF suite available |
| Submarket | Fashion District — Central Los Angeles industrial corridor |
| Access | Immediate proximity to the I-10 and I-110 freeways |
Income summary
In-place figures as certified by ownership. Broker has not independently verified income or expenses beyond documents provided by ownership; the certified rent roll and lease documents are released to qualified parties.
| Scheduled monthly income | $34,110 (in-place) |
| Scheduled annual income | $409,326 (in-place) |
| Leased area | ≈42,470 SF of 44,480 SF GBA (≈95%) |
| Available | One suite ≈2,010 SF |
| In-place rent range | $0.51 – $2.03 per SF per month |
| Average in-place rent | ≈$0.80 per SF per month (Assessor GBA basis) |
Owner-certified figures at the $9,650,000 asking price; unaudited — verify independently.
A seasoned building, freshly leased.
1114 S Los Angeles Street pairs a century-old masonry structure with a rent roll signed largely in the last twelve months. The milestones below reflect information provided by ownership and public records.
Original construction
Built as a four-story-plus-lower-level masonry industrial building and operated as multi-tenant commercial space ever since. Elevator-served, with suites demised from roughly 545 SF to over 10,000 SF.
Lease-up and stabilisation
Approximately 16,400 SF of new leases commenced between late 2025 and mid-2026 at current market terms, with 3% annual escalations on the largest of the new leases — layering fresh contractual income over a seasoned tenancy base.
Listed for sale
Offered exclusively at $9,650,000 by Bobak Kalhor, K2 Investment, Inc., CA DRE #01198998.
Dates reflect information provided by ownership and public records. Buyers should verify independently as part of due diligence.
What buyers ask.
What is the in-place income at 1114 S Los Angeles Street?
Scheduled gross income is $34,110 per month — $409,326 annualised — as certified by ownership. Approximately 16,400 SF of that income commenced between December 2025 and June 2026 at current market terms, with 3% annual escalations on the largest of the new leases.
What is the price per square foot?
$216.99 per square foot on the 44,480 SF gross building area reported by the Los Angeles County Assessor, at the $9,650,000 asking price.
Where is the upside?
Three places. One ±2,010 SF suite is available today — each $1.00/SF/mo achieved adds roughly $24,000 of annual income. Contractual 3% escalations are in place on approximately 12,675 SF. And seasoned leases sit well below the rents proven on the 2025–2026 lease-up in this same building, creating documented mark-to-market opportunity as space rolls through a staggered schedule extending into 2031.
Why are prior-year operating statements not presented?
Because the property completed its lease-up in 2025–2026, prior-period statements are not representative of the go-forward operation. In their place K2 has assembled operating cost documentation from primary sources — tax bills, insurance, utilities and service contracts — together with a pro-forma operating framework. Every figure is identified as actual or pro-forma; no projected figure is presented as historical.
Does it qualify for a 1031 exchange?
Yes. It is income-producing commercial property that qualifies as like-kind replacement property. K2 has deep experience with the 45-day identification and 180-day closing timeline and works with qualified intermediaries.
How do I get the rent roll and lease documents?
Execute the Confidentiality Agreement and provide buyer qualification materials, or submit a written offer or letter of intent. Upon either, the complete diligence package is released, including the certified suite-level rent roll and lease documents.
Financials & offering memorandum.
Rent roll, lease documents and the full offering memorandum for 1114 S Los Angeles Street are available to qualified buyers and their representatives. Tell us what you need and Bobak will send it directly — usually the same business day.
Arrange a viewing.
Speak directly with the broker. No lead forms, no call centre.