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Remodeled Three-Story Office Building
For Sale
Contact for pricing
Pending

124 N Townsend Ave, Los Angeles, CA 90063

Restored office property with creative-workspace features, controlled access, private gated parking, and approved office-related review uses.

Property Size13,000 SF
Days on Market142

Property Features for 124 N Townsend Ave

General Information

Standard status Pending
Size 13,000 SF
Property subtype Office
Zoning R2

Site & Location

Highway Access Yes
Road Access Yes

Land

Land Use office, assembly, photography studio
Entitled Yes

Amenities

soaring 20' ceilings
exposed brick walls
polished oak floors
spacious kitchens
gorgeous baths
enormous main hall w/ stage & mezzanine
rooftop with panoramic views
controlled access
all-new HVAC system
secure gated entrances

Building Details

Buildings 1
Stories 3
Building Size 13,000 SF
Listing Agency: BRC Advisors Inc
Listed By: Ramtin Rafiee · License #CA 01759614
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:53AM

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 BRC Advisors Inc

Investment Insights

Based on property information with market context.

This three-story office property combines a fully remodeled interior with distinctive creative-workspace elements. The building offers nearly 13,000 square feet, 20-foot ceilings, exposed brick, polished oak flooring, multiple kitchens and bathrooms, plus a central hall with a stage and mezzanine. A rooftop provides panoramic views of downtown high-rises, while a new HVAC system and controlled entry support day-to-day operations.

The property includes a private gated parking lot and secure entrances for employees and guests. It is positioned just east of Downtown Los Angeles, directly off 1st Street, with access to freeways and major thoroughfares. The site is zoned R2 and has an approved non-conforming review use for general office, assembly hall, photography studio, and filming.

The offering also references 125 N Townsend Ave, identified as vacant land, alongside the office building at 124 N Townsend Ave.

Key Highlights

  • Nearly 13,000 sq ft of interior office space across three stories
  • 20' ceilings, exposed brick walls, polished oak floors, stage, and mezzanine
  • Rooftop with panoramic downtown high‑rise views

Property Analytics

Current Use

ENTITY MAG Media Distribution

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 90063, CA

50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Restored office property with creative-workspace features, controlled access, private gated parking, and approved office-related review uses.
Where is this office building located?
The property is located at 124 N Townsend Ave Los Angeles, CA.
What are key features of this property?
This property features: Nearly 13,000 sq ft of interior office space across three stories; 20' ceilings, exposed brick walls, polished oak floors, stage, and mezzanine; Rooftop with panoramic downtown high‑rise views
More about this property
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