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    340 2Nd St Los Angeles, CA 90012

    Sponsored
    For Lease
    $33 SF/Yr

    Prime LA Office & Retail Suites Available

    Lot size:
    44,351 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, located at 340 E 2nd Street in Los Angeles' vibrant Little Tokyo submarket (zip code 90012), offers a unique blend of retail and creative office spaces. The building totals 44,351 square feet, featuring a mix of multiple tenancies. Currently, there are 9,383 square feet of vacant space available, divisible into units ranging from a minimum of 457 square feet to a maximum contiguous space of 2,493 square feet. Five individual spaces are currently available for lease. The building boasts convenient on-site parking, a significant advantage in this desirable location. Ideal for businesses seeking a blend of modern amenities and a dynamic urban setting, this property provides easy access to the area's rich cultural scene and robust transportation network. The building includes one elevator for convenient access to all floors. The property's "Creative Office" designation reflects its suitability for businesses in design, technology, and other creative industries. This is a rare opportunity to secure space in a highly sought-after Little Tokyo location. Inquire today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 340 2Nd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,351 SF
    Class
    A
    Total Rate
    121965.25

    Unit(s) available at that property

    Space
    Suite G-336
    Size
    2,493 SF
    Space
    Suite 301
    Size
    659 SF
    Rate per SF
    $33
    Space
    Suite S-303
    Size
    641 SF
    Rate per SF
    $33
    Space
    Suite 402
    Size
    2,369 SF
    Rate per SF
    $33
    Space
    Suite 408
    Size
    1,452 SF
    Rate per SF
    $33

    HighLights

    • Sought‑after Little Tokyo location (90012).
    • Excellent public transit access.
    • On‑site parking available.
    • Immediately available spec suites ranging from 457 to 2,493 square feet; total 9,383 square feet of vacant space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ogawa Dale K Accountant Steven R Hanson ... Insurance Agency Woodcraft Rangers Youth Organization LG LAW Bankruptcy Bankruptcy Attorney Cuddle Barn Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Daycare Center Skin Care Clinic Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2406139
    Latitude
    34.0482908

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    FAQs

    What type of property is this?
    Office space - Prime LA Office & Retail Suites Available
    Where is this office space located?
    The property is located at 340 2Nd St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $0.00-$33 SF/Yr.
    What are key features of this property?
    This property features: Sought-after Little Tokyo location (90012).; Excellent public transit access.; On-site parking available.
    Request Owner's contact information
    340 2Nd St Los Angeles, CA 90012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 2Nd St Los Angeles, CA 90012
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