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Creative Building in Wholesale District
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1234-1240 Palmetto St, Los Angeles, CA

Unique creative building with two street frontages in downtown.

Space Size8,000 SF - 28,000 SF
Lot Size1.37 Acres
Days on Market1128

Property Features for 1234-1240 Palmetto St

General Information

Standard status Active
Size 8,000 SF - 28,000 SF
Lot size 1.37 Acres
Property subtype INDUSTRIAL
Lease Type Gross

Spaces For Lease

at 1234-1240 Palmetto St Contact us

1238-1240 Palmetto St

Size
28,000 SF
Type
INDUSTRIAL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
+/-8,000-28,000 SF Available/Divisible One of a Kind Creative Building Prime Downtown...
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1238 Palmetto St $1.10/SF/Mo

Size
8,000 SF
Type
INDUSTRIAL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
Additional Space Available 28,000 SF - 20.000 SF One of a Kind Creative Building...
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1238 Palmetto St

Size
20,000 SF
Type
INDUSTRIAL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
One of a Kind Creative Building Located in the Downtown Wholesale District Two Street...
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Contact us
Listing Agency: Lee & Associates
Listed By: Peter D Bacci · License #00946253
Source: Moodyscre
Added: Aug 7, 2023 Changed: Aug 19 Last Checked: Sep 6 at 3:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates

Investment Insights

Based on property information with market context.

This unique creative building is located in the Downtown Wholesale District and features two street frontages on Palmetto Street and Factory Place. The property boasts a rare and beautiful interior roof structure. It is situated next to the "At Mateo" retail and office complex. The property size is 20000 square feet.

Key Highlights

  • One of a kind creative building
  • Rare beautiful interior roof structure
  • Located in the Downtown Wholesale District

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Clothing & Fashion Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,001
Businesses Nearby
Well-served
Demand for This Use

Market

Lease Benchmarks for Los Angeles, CA

$33.74 /SF/Yr
Avg Asking Price
$16.16–$95 /SF/Yr
Price Range
19,537 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Unique creative building with two street frontages in downtown.
Where is this flex space located?
The property is located at 1234-1240 Palmetto St Los Angeles, CA.
What are key features of this property?
This property features: One of a kind creative building; Rare beautiful interior roof structure; Located in the Downtown Wholesale District
(213) 447-4137 Call to check price and availability
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