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    1016 Towne Ave Los Angeles, CA 90021

    For Sale
    $2,100,000

    Condos available as a bundle for showroom/office/retail use.

    Property size:
    4,000 SF
    Lot size:
    1.02 Acres

    Property Features for 1016 Towne Ave

    General Information

    Size
    4,000 SF
    Lot size
    1.02 Acres

    Source: Daily Investment Co. Agent Steven Kim

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

    Overview

    Showroom/Office/Retail Condos Bundle

    This offering consists of a bundle of condominium units, specifically units 110, 203, and 204. The properties are suitable for showroom, office, or retail use. The total property size is 4000 square feet.
    Location Intelligence

    Current Use by Public Records

    LECLA LOS ANGELES Clothing Store Cherish Women'S Clothing Store Special A Jeans Women'S Clothing Store Denim Zone U.S.A. Women'S Clothing Store U Jeans Clothing Wholesaler

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness

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

    Similar Places Nearby

    Persian Rugs & Carpets, Click Flooring By Tajani, Danish Furniture + Vintage Rugs, U-CarpetCare, Fixed Construction & Remodeling

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.24986
    Latitude
    34.03362

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    FAQs

    What type of property is this?
    Showroom - Condos available as a bundle for showroom/office/retail use.
    Where is this showroom located?
    The property is located at 1016 Towne Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Bundle sale of three units (110, 203, and 204); - Condos available; - **Showroom space**
    (213) 446-5959
    Request Owner's contact information
    1016 Towne Ave Los Angeles, CA 90021
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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
    1016 Towne Ave Los Angeles, CA 90021
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