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    The Largest CRE Database in the US with Over 1 Million Listings

    410 Towne Ave Los Angeles, CA 90013

    Sponsored
    For Sale
    $2,250,000

    Commercial Sale - Los Angeles, CA

    Property size:
    8,072 SF
    Days on Market:
    10
    Last Refresh:
    Jan 25 at 7:06 pm

    Property Features for 410 Towne Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MB2-G1-5, CX2-FA, CPIO
    APN
    5147010029
    Size
    8,072 SF

    Building Details

    Year built
    1923
    Architectural style
    Other

    We can help!

    Listing Contact
    Jade Knight
    Jade Knight

    Hill Top Real Estate Inc (626) 393-9650

    Listing agent Jade Knight (626) 335-8118 License #01978543

    Listing date Jan 16, 2026

    MLS# CV26011536 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Functional Industrial Food-Processing Facility

    Located on the edge of Downtown Los Angeles and directly adjacent to Little Tokyo, this property on Towne Avenue presents an opportunity to acquire a functional industrial food-processing facility. The property is configured for food production and cold storage, featuring an approximately 2,000 square foot dedicated freezer building, two additional large walk-in freezer rooms, a processing room, and a basement level offering supplemental space for storage or operations. A built-out office area supports administrative needs while maintaining separation from production uses. One of the building’s defining features is its bow-string truss construction, creating a large, open clear-span interior that allows for efficient layouts, flexible equipment placement, and future reconfiguration. The property is further enhanced by a loading dock for streamlined distribution and deliveries, along with gated on-site parking. The site’s proximity to major freeways, the Arts District, and Little Tokyo provides access to labor, suppliers, and consumers. The property contains 8,072 square feet and is zoned MB2-G1-5, CX2-FA, and CPIO. It may be suitable for cold storage, specialty manufacturing, or creative industrial use. This property is located in a rapidly evolving submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C Marx Seafood Seafood Wholesaler

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Daycare Center Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.24091
    Latitude
    34.04398

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    FAQs

    What type of property is this?
    Manufacturing property - Rare industrial food-processing facility near Downtown Los Angeles and Little Tokyo.
    Where is this manufacturing property located?
    The property is located at 410 Towne Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Rare industrial food-processing facility in a supply-constrained Downtown Los Angeles infill market, adjacent to Little Tokyo.; - Existing infrastructure for food production and cold storage, including a dedicated **2,000 SF freezer building** and multiple walk-in freezer rooms.; - Bow-string truss construction providing a large, open clear-span interior for flexible layouts and future reconfiguration.
    (626) 335-8118
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Towne Ave Los Angeles, CA 90013
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    We can help!
    Listing Contact
    Jade Knight
    Jade Knight
    Real Estate License ID: 01978543
    (626) 335-8118
    Learn more
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