405 Towne Ave Los Angeles, CA 90013

This 16,500 square foot industrial building in Los Angeles, CA (90013), located at 405 Towne Ave, is a completely renovated creative compound currently generating $20,000 in monthly income from a single tenant via a lease-option agreement. The property boasts a comprehensive upgrade including all new electrical, plumbing, and sprinkler systems. The second floor features brand new wood flooring, doors, framing, double-pane glass windows, wrought iron accents, and pull-down window shades. Five offices, two kitchens (one on the ground floor, two on the second), and a soundproof recording studio with a large control room, tracking room, and three vocal booths are key features. The studio has a separate power source and could be easily converted into two large executive offices. Climate control is provided by seven HVAC units (two large and two small on the second floor, plus five in the studio). The ground floor and basement feature polished concrete floors. The building is equipped with two water heaters and two Life Source water purification systems. Power is supplied by all-new uninterrupted power from the street, with five 50-amp plugs on the ground floor and five more in the basement. The basement also includes pegs for lighting and rigging. Security is enhanced by Ethernet-powered cameras. Plans for live/work occupancy have been approved, though not yet inspected. The property sits on a 0.13-acre lot.