1100 S HOPE Street 105,Los Angeles,Los Angeles,CommercialLease

Property Description

Spectacular ground floor commercial space in the Luma… A-rated condominium building in South Park, the most trendy and vibrant neighborhood in Downtown Los Angeles. Space is currently a kitchen remodel showroom. Property is zoned for “live/work” and can be used as office space, showroom, etc. Luma is a green building, LEED-certified Gold (benefits incl. low electricity costs). Available for immediate move-in. Other businesses in the building include a Med-spa, real estate office, European bakery/cafe, bar/restaurant/lounge. Strip mall across the street with coffee shop/cafe, and soon-to-come formal dining restaurant. Parking not available in the building but is available in the parking structure across the street at approx. $150 per space/month (market). Property is currently zoned for “live/work”, not for “cash & carry” use, but the owner will consider having zoning change or addition to retail “cash & carry” use, at the tenant’s own expense. Billions of $ are going into DTLA development projects, incl. newly paved streets and exciting new construction, in prep for the 2024 Copa America, 2025 Club World Cup, 2026 FIFA Men’s World Cup, 2027 FIFA Women’s World Cup, & 2028 Summer Olympics!