Renovated Industrial Building with Studios

Telegraph Road, Los Angeles, CA 90023

View on Map

For Sale

$1,880,000

Re-imagined industrial building with studio spaces and live/workspace.

Type:Commercial

Property size:

5,400 SF

Lot size:

0.20 Acres

Price / SF:

$348/SF

HighLights

Completely renovated and updated in 2018.
5 rented studio spaces with month‑to‑month leases provide immediate income.
Live/workspace with kitchen, private full bathroom, and washer/dryer.
Private and secure gated entry with parking for 6‑7 cars.
Main studio has permitted spray booth, roll up door access, and 3 phase power.
Minutes from the Arts district/DTLA with easy access to the 5 and 710 freeways.

We can help!

Listing Contact

JEFF WIGGINS

For Sale

$1,880,000

Re-imagined industrial building with studio spaces and live/workspace.

Type:Commercial

Property size:

5,400 SF

Lot size:

0.20 Acres

Price / SF:

$348/SF

Added:: May 1, 2025
Days on Market:: 409
Last Refresh:: Apr 5 at 8:22 pm

Property Features for Telegraph Road

General Information

Standard status: Active
Size: 5,400 SF
Lot size: 0.20 Acres
Property subtype: Commercial

Building Details

Year Built: 1964

We can help!

Listing Contact

JEFF WIGGINS

Listing agent JEFF WIGGINS License #01754343

Listing office COLDWELL BANKER REALTY PASADENA

Listing date May 1, 2025

Source Corcoran

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 COLDWELL BANKER REALTY PASADENA

HighLights

Completely renovated and updated in 2018.
5 rented studio spaces with month‑to‑month leases provide immediate income.
Live/workspace with kitchen, private full bathroom, and washer/dryer.
Private and secure gated entry with parking for 6‑7 cars.
Main studio has permitted spray booth, roll up door access, and 3 phase power.
Minutes from the Arts district/DTLA with easy access to the 5 and 710 freeways.

Overview

Located in East Los Angeles, this industrial building was renovated in 2018. The property includes 5 rented studio spaces with month-to-month leases, as well as a live/workspace featuring a kitchen, a private full bathroom with a shower/tub, and a washer/dryer. The building has a gated entry with parking for 6-7 cars, central heat and air, and skylights. The main studio space is equipped with a permitted spray booth, roll-up door access, and 3-phase power. The property is suitable for design, apparel, warehouse, or art studio use. It is located in Los Angeles County, minutes from the Arts District/DTLA, with access to the 5 and 710 freeways. The property size is 5400 square feet.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$194.4k	$36.00
− Vacancy	−$19.4k	−$3.60
EGI	$175.0k	$32.40
− OpEx	−$65.6k	−$12.15
NOI	$109.4k	$20.25

5,400 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,350 @ 7.0% cap · market cap 5.82%

Second Best

Warehouse

$1.16M

$1.02M – $1.36M (±1% cap)

NOI $81,457 @ 7.0% cap · market cap 4.33%

Theoretical Best

Multifamily LT 5

$109.40M

$95.73M – $127.63M (±1% cap)

NOI $7,658,053 @ 7.0% cap · market cap 407.34%

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

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Similar Places Nearby

Storage Containers On Wheels — 4550 e olympic blvd, east los angeles, ca 90022
Self Storage — 4815 whittier blvd, east los angeles, ca 90022
Self Storage — 750 S Kern Ave unit b-5, East Los Angeles, CA 90022
Rigos Moving & Storage, Inc. — 4385 E Olympic Blvd, Los Angeles, CA 90023

Map

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.179
Latitude: 34.0197

Nearby Similar for Sale

$2,600,000

10,944 SF

Los Angeles Commercial Investment Opportunity

Prime investment property in the heart of the Fashion District.

1212 S San Pedro Street, Los Angeles, CA 90015

View Details
$1,199,999

2,526 SF

Los Angeles Retail Opportunity

Single-tenant retail asset with high visibility and growth potential.

4254 Floral, Los Angeles, CA 90063

View Details
$3,990,000

8,688 SF

Prime Automotive Land in Los Angeles

Six parcels with buildings in established automotive corridor.

125 E Florence Ave, Los Angeles, CA 90003

View Details
$950,000

3,040 SF

Los Angeles Industrial Owner-User Opportunity

Rare industrial building in central Los Angeles, ideal for owner-users.

1915 S Santa Fe, Los Angeles, CA 90021

View Details
$1,175,000

1,617 SF

Eagle Rock Commercial/Residential Opportunity

Commercially zoned property in Eagle Rock, ideal for live/work.

1063 Colorado, Los Angeles, CA 90041

View Details
$2,099,000

10,233 SF

Multifamily Property in Boyle Heights

12-unit multifamily property in prime Boyle Heights, Los Angeles.

117 N St Louis, Los Angeles, CA 90033

View Details
$1,999,000

12,306 SF

Los Angeles Multifamily Investment Opportunity

Classic 11-unit Spanish Colonial near Downtown Los Angeles.

2375 W 12th St, Los Angeles, CA 90006

View Details
$2,295,000

10,492 SF

Highland Park Multifamily Value-Add Opportunity

14-unit apartment building in a sought-after Los Angeles location.

820 Chestnut Ave, Los Angeles, CA 90042

View Details
$895,000

3,372 SF

Four-Unit Residential Income Property

Four-unit building with ample rear parking, including three 1-bedroom units and a 3-bedroom delivered vacant at close.

1467 W Vernon, Los Angeles, CA 90062

View Details
$2,595,000

6,578 SF

6-Unit Apartment Campus with ADU Plans

Newer 2017-built six-unit campus of three duplexes plus planned tiny home ADUs, with separately metered utilities.

3672 Percy, Los Angeles, CA 90023

View Details
$1,556,000

3,999 SF

Adjacent 11-Unit Residential Income Properties

Two adjacent multifamily buildings with 11 units on an LAR4-zoned lot, offering income and development flexibility.

964 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,334,000

3,786 SF

Apartment Income Property with Covered Parking

Two adjacent apartment buildings with 11 total units, covered parking, and LAR4 zoning sold concurrently.

968 S New Hampshire Ave, Los Angeles, CA 90006

View Details

For sale
Warehouses
CA
Los Angeles
90023
Telegraph Road

What type of property is this?

Warehouse - Re-imagined industrial building with studio spaces and live/workspace.

Where is this warehouse located?

The property is located at Telegraph Road Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,880,000.

What are key features of this property?

This property features: Completely renovated and updated in 2018.; 5 rented studio spaces with month‑to‑month leases provide immediate income.; Live/workspace with kitchen, private full bathroom, and washer/dryer.

Telegraph Road, Los Angeles, CA 90023

Re-imagined industrial building with studio spaces and live/workspace.

Property Features for Telegraph Road

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

FAQs

Create New Password