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Creative Building in Wholesale District
For Lease
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1238-1240 Palmetto St Unit A 20k, Los Angeles, CA 90013

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

Space Size20,000 SF
Property Size60,000 SF
Days on Market269

Property Features for 1238-1240 Palmetto St Unit A 20k

General Information

Standard status Active
Size 20,000 SF
Property subtype Creative Industrial

Building Details

Building Size 60,000 SF
Year Built 1926

Spaces For Lease

at 1238-1240 Palmetto St Unit A 20k Contact us

1238-1240 Palmetto St Unit A

Size
20,000 SF
Type
Creative Industrial
Term
Negotiable
Contact us
Listing Agency: Lee & Associates
Listed By: Peter Bacci · License #CalDRE #00946253
Source: Lee-associates
Added: Nov 26, 2025 Changed: Aug 19 Last Checked: Aug 21 at 5:55AM

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 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.

Key Highlights

  • Unique creative building.
  • Located in the Downtown Wholesale District.
  • Two street frontage on Palmetto St and Factory Pl.

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

5,568
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90013, CA

15,589
Population
10,143
Households
1.5
Avg Household Size
43
Median Age
39%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
22,270
Density / Sq Mi
$32,848
Median Household Income
$54,250
Median Earnings
$1,161
Median Rent
$786,600
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$25.67 /SF/Yr
Avg Asking Price
$1.99–$49.69 /SF/Yr
Price Range
30,428 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
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Similar Off Market Nearby

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  • Summit Event Catering 1850 Industrial St, Los Angeles, CA 90021
  • Holy Quiche! 672 S Santa Fe Ave, Los Angeles, CA 90021
  • City Kitchen 670 S Santa Fe Ave, Los Angeles, CA 90021
  • The Lobos Truck Parking Lot, 1542 Fishburn Ave, Los Angeles, CA 90063

Frequently Asked Questions

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 A 20k Los Angeles, CA.
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.
More about this property
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