323 E 1st Street,Los Angeles, CA 90012
Los Angeles, CA 90012
Description
A rare opportunity to own a true piece of Los Angeles history in the heart of Downtown's vibrant Little Tokyo district. Built in 1899 and designated as part of the "Historic Little Tokyo" area in 1994, this iconic two-story commercial building spans over 10,000 square feet and offers a versatile layout ideal for both investors and end-users. The ground floor features two fully built-out restaurant spaces along with a standard retail storefront perfectly positioned to capture heavy foot traffic from locals and tourists alike. Upstairs, a collection of private offices offers a range of leasing or creative use possibilities. This property has been in the same family for generations and sits at the epicenter of one of LA's most beloved cultural destinations. With its historic charm, unbeatable location, and mixed-use potential, this is a once-in-a-generation opportunity to own a cornerstone of Little Tokyo. Don't miss your chance to invest in legacy and culture.
Details
| MLS# | 25525373 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 63 |
| Listing Provided By | Sotheby's International Realty | Ian Brink |
Features
| SQ Feet | 10,035 |
|---|---|
| Story(s) | 2 |
| Units | 11 |
| Building(s) | 1 |
| Zoning | LAC4 |
| Acreage | 0.14 |
Exterior
| Security Features | Key Card Entry |
|---|
Market Activity 90012
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90012 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90012) | |
Price: $4,070,000 low | high Med: $438,000 SqFt: 10,035 low | high Med: 810 $ / SqFt: $406 low | high Med: $560 On site: 63 low | high Med: 31.000000 | |