Retail Business for Sale in Los Angeles, CA

  • Price: $1M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90015

Description

Luxurious Retail Condos for Sale | 1,050 to 4,570 square feet EVO Courtyard is a premium commercial component of EVO South, a 23-story luxury mixed-use tower completed in 2008. The building features 311 high-end condominium units and is located at the corner of 12th Street and South Grand Avenue. The Courtyard itself comprises approximately 4,570 square feet on the ground level, offering a rare opportunity for ownership in a prime Downtown LA location. Units are available for purchase in sizes ranging from approximately 1,050 to 4,570 square feet, making them suitable for a variety of uses including retail, dining, professional services, and medical practices. EVO South offers a suite of upscale amenities, including secured garage parking, a rooftop pool, a fitness center, concierge services, and 24-hour security. All proposed commercial uses are subject to approval by the appropriate governmental authorities.

Market Context

This retail in Los Angeles, CA is listed for sale at $1,000,000. It has been on the market for 148 days. Compare it against other retail listings for sale in Los Angeles, CA — <a href="/search/sale/retail/california/los-angeles">view the full market</a>.

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?
About 5.0% as of Q3 2023, per Consensus.

Unified Estimate

Medium Confidence

$360.09/SF – $423.64/SF

Mid: $423.64/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

Explore this market

Similar Retail Business for Sale in Los Angeles, CA