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Historic Granada Buildings Creative Space
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672 La Fayette Park Pl, Los Angeles, CA 90057

Unique live-work studios in Downtown Los Angeles' Westlake District.

Space Size1,350 SF - 2,454 SF
Property Size54,612 SF
Days on Market1050

Property Features for 672 La Fayette Park Pl

General Information

Standard status Active
Size 1,350 SF - 2,454 SF
Class B
Total Parking Spaces 60
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 54,612 SF
Year Built 1927
Tenancy Multiple

Spaces For Lease

at 672 La Fayette Park Pl Contact us

Suite 42

Size
1,350 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 4-5

Size
2,366 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 678

Size
2,454 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: JMF Development
Listed By: Chris Gonzalez · License #02162846
Source: Crexi
Added: Oct 10, 2023 Changed: Aug 17 Last Checked: Aug 24 at 5:11AM

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 JMF Development

Investment Insights

Based on property information with market context.

The Granada Buildings, located in the Westlake District of Downtown Los Angeles, comprise a block-long complex of four courtyard-connected structures in the Mediterranean and Spanish Colonial Revival style, encompassing over 60,000 square feet. Originally constructed in 1927 as live-work spaces, these two-story studios were the vision of developer Franklin Harper. The Granada Buildings have become known as one of Los Angeles' creative hubs, housing architects, artists, and designers. Renovated and reopened in 1990, the complex now features forty-two office/studio suites. Situated in a historic area adjacent to Lafayette Park, tenants can enjoy views of the city skyline and the park. The location provides connectivity to the 10, 110, and 101 Freeways, allowing for travel. The property is two miles from Downtown Los Angeles, providing access to retail, dining, and entertainment options.

Key Highlights

  • Historic live‑work studios in a renovated 1927 Mediterranean/Spanish Colonial Revival complex.
  • Located in the Westlake District of Downtown Los Angeles, adjacent to Lafayette Park.
  • Known as a creative center, historically housing architects, artists, and designers.

Property Analytics

Current Use

Young Communications Group Marketing & Advertising People In Progress Inc ... Food Bank Mage Design LLC (Bike/Boat/Book/etc) Store Elizabeth Rodriguez Marriage Or Relationship Counselor Josephine Wallace Marriage Or Relationship Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Veterinary Clinic Buffet 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,191
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

Market

Lease Benchmarks for Los Angeles, CA

$30.71 /SF/Yr
Avg Asking Price
$5.75–$79.96 /SF/Yr
Price Range
31,390 SF
Avg Space Size

This space is priced 22% below the average of $30.71 /SF/Yr.

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 - Unique live-work studios in Downtown Los Angeles' Westlake District.
Where is this creative space located?
The property is located at 672 La Fayette Park Pl Los Angeles, CA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Historic live‑work studios in a renovated 1927 Mediterranean/Spanish Colonial Revival complex.; Located in the Westlake District of Downtown Los Angeles, adjacent to Lafayette Park.; Known as a creative center, historically housing architects, artists, and designers.
More about this property
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