Historic Brick Creative
For Sale
Contact for pricing
676 N Spring St, Los Angeles, CA 90012
Brick-and-timber interiors feature exposed ceilings, a landscaped patio, and a custom kitchenette for collaborative work.
Property Size4,850 SF
Price / SF$617.53
Days on Market105
Property Features for 676 N Spring St
General Information
Standard status
Active
Size
4,850 SF
Property subtype
Retail, Office
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
landscaped outdoor patio with BBQ and outdoor seating
custom kitchenette
steel framed conference room
keyless entry
security cameras
exposed wood ceilings
brick walls
marble kitchen countertops
marble bathrooms
Building Details
Construction
brick and timber
Listing Agency:
Industry Partners
Listed By:
Rich Maloof · License #CA 02009527
Source:
Crexi
Added: Jul 3
Changed: Oct 13
Last Checked: Oct 12 at 9:13PM
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 Industry Partners
Investment Insights
Based on property information with market context.
This 4,850-square-foot creative space combines historic brick and timber construction with exposed wood ceilings, brick walls, and ceiling heights reaching 20 feet. Steel-framed doors and windows, a walnut-cabinet kitchenette, a steel-framed conference room, and marble countertops and bathroom finishes add distinctive architectural detail. The property also includes a landscaped outdoor patio with barbecue equipment and seating.
The space is within walking distance of Union Station and the Metro Gold Line, with the Arts District, Silver Lake, and Little Tokyo nearby. Sunset Boulevard and the 101 and 110 Freeways provide regional access. Street parking and public parking lots are available nearby. Building systems include latch-based keyless entry with personalized smart access and 360 Rhombus security cameras.
The space is within walking distance of Union Station and the Metro Gold Line, with the Arts District, Silver Lake, and Little Tokyo nearby. Sunset Boulevard and the 101 and 110 Freeways provide regional access. Street parking and public parking lots are available nearby. Building systems include latch-based keyless entry with personalized smart access and 360 Rhombus security cameras.
Key Highlights
- 4,850‑square‑foot creative space with brick‑and‑timber construction
- Ceiling heights reach up to 20 feet
- Landscaped outdoor patio with BBQ and outdoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,121
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,302,420
$2.3M
Cap Rate 7%
$1,644,586
$1.6M
Cap Rate 9%
$1,279,122
$1.3M
Market Conditions
NOI Build-Up for 4,850 SF
Gross rent
$188.6K $38.88/SF
− Vacancy
−$35.1K −$7.23/SF
EGI
$153.5K $31.65/SF
− OpEx
−$38.4K −$7.91/SF
NOI
$115.1K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,302,420
Cap Rate 7%
$1,644,586
Cap Rate 9%
$1,279,122
Alternative Uses
Best Use
Office B
$1.64M
$1.44M – $1.92M
NOI $115,121 @ 7.0% cap · market cap 3.84%
Second Best
Retail
$1.61M
$1.41M – $1.88M
NOI $112,555 @ 7.0% cap · market cap 3.76%
Theoretical Best
Multifamily LT 5
$98.26M
$85.98M – $114.63M
NOI $6,878,066 @ 7.0% cap · market cap 229.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 90012, CA
33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Creative space - Brick-and-timber interiors feature exposed ceilings, a landscaped patio, and a custom kitchenette for collaborative work.
Where is this creative space located?
The property is located at 676 N Spring St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 4,850‑square‑foot creative space with brick‑and‑timber construction; Ceiling heights reach up to 20 feet; Landscaped outdoor patio with BBQ and outdoor seating
