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Property profile & analytics
FOR SALE
Manufacturing properties

405 Towne Ave Los Angeles, CA 90013

16,500 SF 0.12 ac lot Built 1925
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6484139
Property summary
AI-generated overview

This stunning 16,500 square foot creative office compound in the heart of Downtown Los Angeles presents a unique leasing opportunity. Located at 405 Towne Ave, 90013, this three-story building boasts a rich history, originally constructed in 1925 and extensively renovated in 2020. The property is zoned LA M2 and sits on a 5,663 square foot lot in Los Angeles County. The space is currently entirely vacant and available for lease as a whole, or potentially divisible into units of at least 5,500 contiguous square feet. The maximum contiguous space available is also 5,500 square feet. The building offers ample power with 800A, 120-240V, 3-phase, 4-wire service. Secure ground floor interior parking is available for 4-5 vehicles. This exceptional property is ideal for a company seeking a unique and historic space in a vibrant, central location. Its blend of character and modern updates provides a compelling opportunity for a discerning tenant. The property's size and layout offer significant flexibility for a variety of uses within the executive office subtype. Inquire today to learn more about this exceptional Downtown Los Angeles offering.

Property profile
Verified
Property type Manufacturing properties
Use group FOOD PROCESSING
Year built 1925
Construction STEEL FRAME
Total area 16,500 SF
Lot 0.12 ac (5,384 SF)
Zoning code LAM2
APN 5147-009-019
UPID US09-6484139
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.01M
Owner & transaction history
Harvest Small Busn Fin LLC · 8 yrs held
Harvest Small Busn Fin LLC
since 2018
7 recorded transactions
2018
$2.9M
2018
$3.5M
2016
Price N/A
2014
Price N/A
2013
Price N/A
2005
$1.4M
2003
$980,000
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.9M +5.9%
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More about this property
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