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Historic Mixed-Use Building
For Sale
Contact for pricing
Pending

407 E Pico Blvd, Los Angeles, CA 90015

Ten-story 1926 property retaining art-deco details, positioned for creative office or residential live-work conversion.

Property Size121,592 SF
Lot Size0.38 Acres
Days on Market141

Property Features for 407 E Pico Blvd

General Information

Standard status Pending
Size 121,592 SF
Lot size 0.38 Acres
Property subtype Mixed Use, Hospitality, Office, Multifamily

Additional Details

Road Access Yes

Building Details

Year Built 1926
Buildings 1
Stories 10
Building Size 121,592 SF
Listing Agency: Investment Real Estate Associates
Listed By: William Everitt · License #CA 01417157
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:45PM

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 Investment Real Estate Associates

Investment Insights

Based on property information with market context.

The Allied Crafts Building is a ten-story mixed-use property completed in 1926, with approximately 121,592 square feet on a 16,369-square-foot lot. Original art-deco character and finishes remain, providing a historic framework for adaptive reuse as creative office space or residential live-work lofts.

The corner site has approximately 120 feet of frontage along Pico Blvd. and 141 feet along Maple Ave. at 407 E Pico Blvd. in Los Angeles. The property sits in the Downtown Los Angeles Fashion District, within walking distance of shops, artist studios, restaurants, bars, and novelty stores. Nearby downtown venues identified for the property include Walt Disney Concert Hall, Mark Taper Forum, Ahmanson Theatre, Dorothy Chandler Pavilion, Nokia Theatre, LA Live, The Grammy Museum, and Staples Center.

Key Highlights

  • Ten‑story structure with approximately 121,592 square feet
  • Built in 1926 with original art‑deco character and finishes
  • Approximately 16,369‑square‑foot lot at a corner location

Property Analytics

Current Use

Would Works Charitable Organization Michael Higgins Photo Photography Service Boyce Studio General Contractor Nathan Stefanelli General Contractor Surcle Wood Production Facility

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Veterinary Clinic Tanning Salon Butcher

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
Paved road access

Location Intelligence

Trade Area within ½ mile

12,393
Businesses Nearby

Demographics for 90015, CA

27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ten-story 1926 property retaining art-deco details, positioned for creative office or residential live-work conversion.
Where is this mixed-use property located?
The property is located at 407 E Pico Blvd Los Angeles, CA.
What are key features of this property?
This property features: Ten‑story structure with approximately 121,592 square feet; Built in 1926 with original art‑deco character and finishes; Approximately 16,369‑square‑foot lot at a corner location
More about this property
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