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Courtyard Creative Office Building

2330 W 3rd St, Los Angeles, CA 90057

For Sale
New
$1,950,000

A multi-level suite layout centers on a landscaped courtyard, with select offices offering private outdoor patios.

Property Size8,262 SF
Lot Size0.27 Acres
Price / SF$236.02
Days on Market2

Property Features for 2330 W 3rd St

General Information

Standard status Active
Size 8,262 SF
Lot size 0.27 Acres
Property subtype Mixed-Use
Occupancy 54%

Financials

Asking Price $1,950,000
Cap Rate 2.75%

Site & Location

Neighborhood Boyle Heights
Public Transit Yes

Additional Details

Property Use Creative Office

Amenities

central courtyard
floor-to-ceiling windows
exposed wood-beam ceilings
hardwood flooring
original brick fireplaces
private restrooms
kitchenettes
outdoor patios
gated access
Significant Value-Add Opportunity.
Ideal Owner/User Opportunity.
Attractive $236 Per Square Foot.
Approximately 34% Below Prior Sale Price.
Multi-Tenant Creative Office Configuration.
On-Site Parking.
Landscaped Interior Courtyard.
Distinctive Interior Improvements. Significant Rental Upside.

Building Details

Building Size 8,262 SF
Year Built 1951
Buildings 1
Units 1
Tenancy Multi
Listing Agency: Encino Office
Listed By: Floyd Shaheen · License #License(s): CA: 01960743
Source: Marcusmillichap
Added: Nov 8 Last Checked: Nov 8 at 5:06PM

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 Encino Office

Rey
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Investment Insights

Based on property information with market context.

This 8,262-square-foot creative office property occupies an 11,721-square-foot parcel and was built in 1951. Its multi-level plan arranges individual suites around a landscaped central courtyard. Architectural details include floor-to-ceiling windows, exposed wood beams, hardwood floors and brick fireplaces. Some suites have private restrooms, kitchenettes or outdoor patios, and select spaces can be joined to create larger offices. Gated access and on-site parking serve the property.

The building is in Westlake, adjacent to Koreatown and minutes from Downtown Los Angeles. Nearby context includes employment centers, public transportation, restaurants, retail and established residential communities.

Key Highlights

  • 8,262‑square‑foot building on an 11,721‑square‑foot parcel
  • Multi‑level suites arranged around a landscaped courtyard
  • Built in 1951 with floor‑to‑ceiling windows, exposed wood beams, hardwood floors and brick fireplaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

SoCal Bathroom Reglazing ... Renovation Specialist ICU Music Recording Studio MASS Architecture and Design Architect Pat and Mike Properties Corporate Office CSE SOLAR SOLUTIONS Production Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Pet Store & 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,030
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Creative space in Los Angeles, CA

$515 Jul
$516 Aug
$611 Sep
$589 Oct

Properties on Market for Creative space in Los Angeles

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Creative space - A multi-level suite layout centers on a landscaped courtyard, with select offices offering private outdoor patios.
Where is this creative space located?
The property is located at 2330 W 3rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 8,262‑square‑foot building on an 11,721‑square‑foot parcel; Multi‑level suites arranged around a landscaped courtyard; Built in 1951 with floor‑to‑ceiling windows, exposed wood beams, hardwood floors and brick fireplaces
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