Historic Entertainment Venue Near L.A.
For Sale
Contact for pricing
940 S Figueroa St., Los Angeles, CA 90015
Unique entertainment venue or creative office opportunity in Downtown Los Angeles.
Property Size72,426 SF
Days on Market166
Property Features for 940 S Figueroa St.
General Information
Standard status
Active
Size
72,426 SF
Property subtype
8/31/2026
Building Details
Building Size
72,426 SF
Year Built
2026
Listing Agency:
Cushman & Wakefield Los Angeles
Listed By:
Mike Condon Jr. · License ##01884476
(213) 629-7379
Source:
Cushmanwakefield
Added: Mar 26
Changed: Sep 5
Last Checked: Sep 5 at 4:43AM
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 Cushman & Wakefield Los Angeles
Investment Insights
Based on property information with market context.
The Variety Arts Building is a historic multi-purpose entertainment venue located adjacent to the Sports and Entertainment District and L.A. Live at 940 S. Figueroa Street in Downtown Los Angeles. This property offers a unique investment or owner-user opportunity to acquire a historical building embodying character and class. Its location across the street from L.A. Live and Staples Center ensures its long-term value as a venue for various entertainment-related uses, including live entertainment, hospitality, and retail. The building's aesthetic and functionality would also adapt well as a multi-tenant or single-tenant creative-office building. The current ownership has recently invested capital to completely replace the electrical, HVAC, and mechanical elements of the building while retaining and restoring its overall historic charm. The adjacent parking lot might also provide a development opportunity that could enhance or complement the main building. The property is being offered for sale.
Key Highlights
- Prime location directly across from L.A. Live and Staples Center in Downtown Los Angeles.
- Historic multi‑purpose entertainment venue with unique character and architectural design.
- Recently renovated with complete replacement of electrical, HVAC, and mechanical systems while preserving historic charm.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18,321
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Unique entertainment venue or creative office opportunity in Downtown Los Angeles.
Where is this theater & concert hall located?
The property is located at 940 S Figueroa St. Los Angeles, CA.
What are key features of this property?
This property features: Prime location directly across from L.A. Live and Staples Center in Downtown Los Angeles.; Historic multi‑purpose entertainment venue with unique character and architectural design.; Recently renovated with complete replacement of electrical, HVAC, and mechanical systems while preserving historic charm.
