Scale rare in the corridor
At 44,480 SF, among the largest contiguous multi-tenant industrial blocks available in the Fashion District — relevant to investors and owner-users alike.
Exclusive listing · Fashion District
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.
The Offering
Scale that is rare in the corridor, income signed at today's market.
$9.65MAsking price
$216.99Price per SF
44,480SF gross bldg area
≈95%Leased
$409KIn-place income
K2 Investment Inc. is pleased to exclusively offer 1114 S Los Angeles Street — a 44,480 SF multi-tenant industrial building in a prominent Fashion District position. The Property is a recently stabilized asset: approximately 16,400 SF of new leases commenced between December 2025 and June 2026, layering fresh, contractual income with built-in annual escalations over a seasoned tenancy base.
The result is durable in-place income of approximately $409,000 per year with meaningful embedded upside — lease-up of the one remaining available suite, contractual rent escalations, and mark-to-market opportunity on the Property’s older, below-market leases as they roll.
Investment Highlights
Why 1114 works.
Recently stabilized, contractual income
≈$409,000 in-place scheduled annual income, anchored by a 2025–2026 lease-up of roughly 16,400 SF at current market terms.
Embedded rent growth
Contractual 3% annual escalations on recent leases, plus mark-to-market upside on seasoned leases renting as low as $0.51/SF against new leases signed at up to $2.03/SF in the same building.
Immediate value-add
One ±2,010 SF suite available for lease-up — incremental income with minimal capital requirement.
Efficient expense structure
Multiple tenants pay their own electricity or are capped; the multi-metered configuration supports clean cost recovery.
Location fundamentals
Minutes from the I-10/I-110 interchange — the central-access logistics and production corridor drawing apparel, e-commerce and creative demand.
Priced on the evidence
$216.99/SF — positioned against K2's adjusted comparable-sale analysis for the corridor, available to qualified parties with the diligence package.
Photography
Gallery
Details
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 |
Property Overview
A century-old building, purpose-built for multi-tenant use.
A four-story-plus-lower-level masonry industrial building originally constructed in 1920 and continuously operated as multi-tenant commercial space. Elevator-served and demised into suites from approximately 545 SF to over 10,000 SF, accommodating warehouse, production, creative and office users. Select suites feature HVAC; others are served by industrial fans and spot coolers consistent with warehouse use.
| Lower level | Single large-footprint suite of approximately 9,400 SF |
| Ground floor | Divisible retail/industrial suites fronting S Los Angeles Street |
| Second floor | Approximately 10,200 SF recently leased as a single unit |
| Third floor | Full floor (approximately 10,140 SF) under a single tenancy |
| Fourth floor | Three suites of approximately 2,000–5,400 SF |
The building is served by multiple electrical meters, with a number of tenants paying their own electricity directly or subject to contractual caps — reducing ownership’s operating load relative to fully gross structures. The Property sits in the heart of the Fashion District, minutes from the I-10/I-110 interchange, Downtown Los Angeles, and the produce and flower district trade corridors.
Building history
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.
1920
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.
2025–2026
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.
2026
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.
Offer Process
How the diligence package is released.
At the direction of ownership, income and leasing are presented on an aggregated basis. Tenant-level information — the certified rent roll, individual lease terms and lease documents — is released only to parties who have either executed the Confidentiality Agreement with buyer qualification materials (verifiable proof of funds and identification of the acquiring principal or entity), or submitted a written offer or letter of intent.
1
Review & register
Review this offering and register interest with K2 Investment Inc.
2
Qualify or offer
Execute the Confidentiality Agreement and provide buyer qualification materials — or submit a written offer or letter of intent.
3
Diligence & tours
Receive the full diligence package and coordinate property tours through K2.
Diligence package contents (qualified parties)
Certified current rent roll with suite-level detail; lease documents for all suites; property tax, insurance and utility documentation; a pro-forma operating framework prepared from primary source documents; comparable-sale analysis supporting pricing; and property records, permits and additional documentation as available. Because the Property completed its lease-up in 2025–2026, prior-period operating statements are not representative and are not presented — every figure in the package is clearly identified as actual or pro-forma.
All offers should be directed to Bobak Kalhor, K2 Investment Inc. Ownership will respond to offers on their merits; there is no call-for-offers deadline currently in place.
Questions
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.
Due diligence
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.
Enquire
Arrange a viewing.
Speak directly with the broker. No lead forms, no call centre.