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Creative Office Space in Downtown
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724 S Spring, Los Angeles, CA 90014

Turnkey creative office space in the heart of Los Angeles.

Space Size911 SF - 4,537 SF
Property Size70,000 SF
Days on Market156

Property Features for 724 S Spring

General Information

Standard status Active
Size 911 SF - 4,537 SF
Property subtype Office

Building Details

Building Size 70,000 SF
Year Built 1916
Stories 14

Spaces For Lease

at 724 S Spring Contact us

Available Space $1.76/SF/Mo

Suite
501-504
Size
4,537 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $1.96/SF/Mo

Suite
1203-1204
Size
2,505 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $1.96/SF/Mo

Suite
303-304
Size
2,505 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $1.96/SF/Mo

Suite
703-704
Size
2,505 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $2.04/SF/Mo

Suite
1102-1104
Size
3,340 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $2.09/SF/Mo

Suite
403
Size
911 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $2.20/SF/Mo

Suite
1404
Size
1,594 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $2.20/SF/Mo

Suite
1403
Size
911 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Available Space $2.41/SF/Mo

Suite
301-302
Size
2,032 SF
Lease Type
G
Op.Ex. $0.10 psf/ per month, plus electricity. Please verify all information herein...
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Listing Agency: DAUM Commercial Real Estate Services Los Angeles
Listed By: Carlos Castillo · License #CA 01451618
Source: Daumcommercial
Added: Apr 3 Changed: Aug 25 Last Checked: Sep 4 at 2:08AM

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 DAUM Commercial Real Estate Services Los Angeles

Investment Insights

Based on property information with market context.

This creative office space is located in the heart of Downtown Los Angeles. The property features exposed high ceilings, natural light, and polished concrete floors. It is positioned in a walker's paradise, with a food court and high-end residential buildings adjacent to the site. Transportation options include metro and freeway access less than a mile away. The property offers turnkey creative offices and has a size of 20840 square feet.

Key Highlights

  • Turnkey Creative Offices
  • Promotional rate of $0.99 psf for the first six (6) months for three (3) year Lease
  • In the Heart of Downtown Los Angeles

Property Analytics

Current Use

Tara's Choice Indian ... Restaurant Gyoza Boyz LA Restaurant DR. COREE LEVY Physician Plant-It Burger Restaurant BurgerShop Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet Tanning Salon Clothing & Fashion Store Pet Grooming Service

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

23,715
Businesses Nearby

Demographics for 90014, CA

9,254
Population
7,618
Households
1.2
Avg Household Size
38
Median Age
43%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
30,847
Density / Sq Mi
$33,822
Median Household Income
$61,856
Median Earnings
$1,604
Median Rent
$644,700
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$32.11 /SF/Yr
Avg Asking Price
$5.75–$79.96 /SF/Yr
Price Range
30,128 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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Frequently Asked Questions

What type of property is this?
Creative space - Turnkey creative office space in the heart of Los Angeles.
Where is this creative space located?
The property is located at 724 S Spring Los Angeles, CA.
What are key features of this property?
This property features: Turnkey Creative Offices; Promotional rate of $0.99 psf for the first six (6) months for three (3) year Lease; In the Heart of Downtown Los Angeles
More about this property
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