405 Towne Ave Los Angeles, CA 90013

This stunning three-story, 16,500-square-foot executive office compound is located at 405 Towne Ave, Los Angeles, CA 90013, on the southwest corner of Towne Avenue and East 4th Street, adjacent to Little Tokyo and the Arts District. Built in 1925 and completely renovated between 2020 and 2023, this turn-key facility features a full basement, a freight elevator, and two stairwells. The building is zoned LA M2 and sits on a 5,663-square-foot lot. Each of the three floors offers approximately 5,500 square feet of creative space. The ground floor boasts two electric loading doors, parking for up to six cars, two large production spaces, a kitchen/break room, and two restrooms. The second floor includes five offices, a contemporary kitchen, two full bathrooms, and a remarkable 1,700-square-foot soundproof recording studio. This studio features a large control room, a large tracking/recording room, and three iso/voice-over booths, all equipped with six layers of drywall, an air gap, and separate power. The basement is ideal for set construction and filming, with pegs for lights and rigging, and five 50-amp plugs. The entire building has been updated with new electric, plumbing, sprinklers, wood flooring (second floor), doors, framing, double-pane glass, wrought iron, and pull-down window shades (second floor). Additional features include clean 800-amp power service, two water heaters, two LifeSource water purification systems, ethernet-powered security cameras, and multiple HVAC units. Plans have been approved for live/work occupancy (not yet inspected). The asking price is $8,500,000 ($515 per square foot).