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    1234-1240 Palmetto St Los Angeles, CA 90013

    For Lease
    $0.90 SF/Yr ($1,500 /Mo)

    Unique creative building with two street frontages in downtown.

    Property size:
    20,000 SF
    Lot size:
    1.37 Acres

    Property Features for 1234-1240 Palmetto St

    General Information

    Size
    20,000 SF
    Lot size
    1.37 Acres

    Source: Lee & Associates Agent Peter D Bacci

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Building in Wholesale District

    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.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Ministry of Food Catering and Hospitality Group, Summit Event Catering, Holy Quiche!, City Kitchen, The Lobos Truck

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.23479
    Latitude
    34.04004

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    FAQs

    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 is the lease rate?
    The lease rate is $0.90 SF/Yr.
    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
    Request Owner's contact information
    1234-1240 Palmetto St Los Angeles, CA 90013
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    Realmo Value Estimation

    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.

    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.

    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
    1234-1240 Palmetto St Los Angeles, CA 90013
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