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405 Towne Ave Los Angeles, CA 90013

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Turn-key creative compound in Downtown Los Angeles for sale.

Type:Office
Property size:
16,500 SF
Price / SF:
$363/SF
Added:
Apr 20, 2023
Days on Market:
1101
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 405 Towne Ave

General Information

Standard status
Active
Size
16,500 SF
Property subtype
Office

Building Details

Year Built
1925

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Listing Contact
Sion Khakshour

Listing agent Sion Khakshour License #CA 00697373

Listing office Major Properties

Listing date Apr 20, 2023

Source Crexi

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 Major Properties


Overview

Downtown Los Angeles Creative Compound

Located at the southwest corner of Towne Avenue and East 4th Street in Downtown Los Angeles, this creative compound is adjacent to Little Tokyo and the Arts District. The turn-key, two-story facility with a full basement has been completely refurbished and is set up for music, photography, film, video production, and postproduction. The 16,500 square foot building consists of 5,500 square feet of creative space per floor. A freight elevator and two stairwells serve all three floors. The basement can be used for set construction and filming. The ground floor has two electric loading doors and can park up to six cars, as well as two large production spaces, a kitchen/break room, and two restrooms. The second floor has five offices, an acoustically tuned recording studio, a contemporary kitchen, and two full bathrooms. The recording studio is approximately 1,700 square feet and is soundproofed with six layers of drywall and an air gap. It includes a large control room, a large tracking/recording room, and three ISO/voice-over booths. The facility has been completely updated with new electric, plumbing, and sprinklers, in addition to new wood flooring, doors, and framing on the second floor. The compound also offers clean 800 amp power service and a LifeSource water purification system.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Creative space

Suggested Use

Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant Nail Salon Daycare Center Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.24106
Latitude
34.04428

FAQs

What type of property is this?
Creative space - Turn-key creative compound in Downtown Los Angeles for sale.
Where is this creative space located?
The property is located at 405 Towne Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,999,999.
What are key features of this property?
This property features: Turn‑key, fully refurbished 16,500 SF creative compound suitable for music, photography, film, and video production/postproduction.; Prime Downtown Los Angeles location at the southwest corner of Towne Avenue and East 4th Street, adjacent to Little Tokyo and the Arts District.; Professionally designed and soundproofed 1,700± SF recording studio with control room, tracking room, and three ISO/voice over booths.
More about this property
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