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    1238-1240 Palmetto St, Unit 20k Los Angeles, CA 90013

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    For Lease
    $0.90 SF/Yr ($4,500 /Mo)

    Unique creative building with two street frontages in downtown Los Angeles.

    Property size:
    60,000 SF
    Lot size:
    60,000 SF

    Property Features for 1238-1240 Palmetto St

    General Information

    Size
    60,000 SF

    Building Details

    Year built
    1926

    Source: Peter Bacci Agent Peter Bacci

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

    Overview

    Creative Building in Wholesale District

    This one-of-a-kind creative building is located in the downtown wholesale district. The property features two street frontages on Palmetto Street and Factory Place. The interior includes a rare and beautiful roof structure. The building is situated next to the "At Mateo" retail and office complex. The property size is 60000 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 Skin Care Clinic

    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!, Amtrak Catering Services International, The Lobos Truck

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.23463
    Latitude
    34.04006

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    FAQs

    What type of property is this?
    Flex space - Unique creative building with two street frontages in downtown Los Angeles.
    Where is this flex space located?
    The property is located at 1238-1240 Palmetto St, Unit 20k 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: - Unique creative building.; - Located in the Downtown Wholesale District.; - Two street frontage on Palmetto St and Factory Pl.
    (323) 767-2022
    Request Owner's contact information
    1238-1240 Palmetto St, Unit 20k 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
    1238-1240 Palmetto St, Unit 20k Los Angeles, CA 90013
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