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Renovated Industrial Building with Studios

Telegraph Road, Los Angeles, CA 90023

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For Sale

$1,880,000

Re-imagined industrial building with studio spaces and live/workspace.

Type:Commercial

Property size:

5,400 SF

Lot size:

0.20 Acres

Price / SF:

$348/SF

HighLights

Completely renovated and updated in 2018.
5 rented studio spaces with month‑to‑month leases provide immediate income.
Live/workspace with kitchen, private full bathroom, and washer/dryer.
Private and secure gated entry with parking for 6‑7 cars.
Main studio has permitted spray booth, roll up door access, and 3 phase power.
Minutes from the Arts district/DTLA with easy access to the 5 and 710 freeways.

We can help!

Listing Contact

JEFF WIGGINS

For Sale

$1,880,000

Re-imagined industrial building with studio spaces and live/workspace.

Type:Commercial

Property size:

5,400 SF

Lot size:

0.20 Acres

Price / SF:

$348/SF

Added:: May 1, 2025
Days on Market:: 409
Last Refresh:: Apr 5 at 8:22 pm

Property Features for Telegraph Road

General Information

Standard status: Active
Size: 5,400 SF
Lot size: 0.20 Acres
Property subtype: Commercial

Building Details

Year Built: 1964

We can help!

Listing Contact

JEFF WIGGINS

Listing agent JEFF WIGGINS License #01754343

Listing office COLDWELL BANKER REALTY PASADENA

Listing date May 1, 2025

Source Corcoran

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 COLDWELL BANKER REALTY PASADENA

HighLights

Completely renovated and updated in 2018.
5 rented studio spaces with month‑to‑month leases provide immediate income.
Live/workspace with kitchen, private full bathroom, and washer/dryer.
Private and secure gated entry with parking for 6‑7 cars.
Main studio has permitted spray booth, roll up door access, and 3 phase power.
Minutes from the Arts district/DTLA with easy access to the 5 and 710 freeways.

Overview

Located in East Los Angeles, this industrial building was renovated in 2018. The property includes 5 rented studio spaces with month-to-month leases, as well as a live/workspace featuring a kitchen, a private full bathroom with a shower/tub, and a washer/dryer. The building has a gated entry with parking for 6-7 cars, central heat and air, and skylights. The main studio space is equipped with a permitted spray booth, roll-up door access, and 3-phase power. The property is suitable for design, apparel, warehouse, or art studio use. It is located in Los Angeles County, minutes from the Arts District/DTLA, with access to the 5 and 710 freeways. The property size is 5400 square feet.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$194.4k	$36.00
− Vacancy	−$19.4k	−$3.60
EGI	$175.0k	$32.40
− OpEx	−$65.6k	−$12.15
NOI	$109.4k	$20.25

5,400 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$1.56M

$1.37M – $1.82M (±1% cap)

NOI $109,350 @ 7.0% cap · market cap 5.82%

Second Best

Warehouse

$1.16M

$1.02M – $1.36M (±1% cap)

NOI $81,457 @ 7.0% cap · market cap 4.33%

Theoretical Best

Multifamily LT 5

$109.40M

$95.73M – $127.63M (±1% cap)

NOI $7,658,053 @ 7.0% cap · market cap 407.34%

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

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

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Map

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.179
Latitude: 34.0197

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For sale
Warehouses
CA
Los Angeles
90023
Telegraph Road

What type of property is this?

Warehouse - Re-imagined industrial building with studio spaces and live/workspace.

Where is this warehouse located?

The property is located at Telegraph Road Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,880,000.

What are key features of this property?

This property features: Completely renovated and updated in 2018.; 5 rented studio spaces with month‑to‑month leases provide immediate income.; Live/workspace with kitchen, private full bathroom, and washer/dryer.

Telegraph Road, Los Angeles, CA 90023

Re-imagined industrial building with studio spaces and live/workspace.

Property Features for Telegraph Road

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

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