Currently for sale

Property for sale.

Downtown Los Angeles commercial and Napa Valley estate property currently offered for purchase by K2 Investment, Inc.

Exclusive listing · For sale

Investment property for sale — exclusively listed by K2.

1048-1052 S Los Angeles StreetExclusive · For Sale
Fashion District · DTLA

1048–1052 S Los Angeles Street

Los Angeles, California 90015 · APN 5145-020-005 · M2-2D Zoning · Corner Lot

$4.95MAsking
5.08%Cap rate
$251K2025 NOI
15Total units
Mixed-Use Office & RetailFully Rebuilt 2009Corner LotIndividual Sub-Meters11 of 15 Occupied · Lease-Up Upside1031 Exchange EligibleValue-Add · Rents ~10 Yrs Below Market
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A 15-unit mixed-use office and retail investment property on a corner lot at S Los Angeles Street and 11th Street in the Downtown Los Angeles Fashion District. Originally constructed in 1922 and comprehensively rebuilt in 2009 with all new electrical, plumbing, HVAC, roof, structure, bathrooms and elevator. Net operating income grew 4.4% year over year to $251,516 in 2025. Rents have not been materially increased in approximately ten years — a clear value-add thesis for a new owner ready to reposition. All 15 units feature individual electrical sub-meters. 2026 collections through June total $163,160, consistent with prior year performance. Ideal for 1031 exchange buyers, owner-users, international investors and private capital.

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K2 has access to off-market inventory and broker relationships across Downtown Los Angeles. Whether you need office space in the Flower District, retail frontage in the Fashion District, or an investment property to 1031 exchange into — we know the market and the buildings.