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    Property profile & analytics

    1329 3Rd St Los Angeles, CA 90033

    • Manufacturing properties
    • 4,716 SF
    • 0.13 lot acres
    For Lease
    View listing
    $24 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US09-7821868
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1329 3Rd St

    Year built
    1956
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Property size
    4,716 SF
    Zone code
    LAM2
    Property type
    Manufacturing properties
    APN
    5172-010-003
    APU
    5172010003

    Description

    This exceptional 4,716-square-foot single-tenant industrial property, located at 1329 E. 3rd St. in Los Angeles County, presents a unique investment opportunity. Originally constructed in 1956 and extensively upgraded in 2016, the building is currently zoned for light industrial use and functions as a successful performing arts production and event facility. The one-story structure boasts a thoughtfully designed interior featuring versatile space ideal for a variety of uses. Key features include a sprung dance floor, ample loft areas perfect for storage or additional studio space, and a convenient handicap lift ensuring accessibility. The property also benefits from a robust 400-amp electrical service and eight HVAC units for climate control throughout the building. The high ceilings feature a striking bow truss design, adding to the building's character and appeal. The space is well-suited for office, studio, or artist use, offering a blend of functionality and creative potential. Its location within a mile of major entertainment studios like Ace Mission Studios and a short drive to the Arts District provides unparalleled access to a vibrant and dynamic community. This property offers a rare combination of history, modern upgrades, and prime location, making it an exceptional investment opportunity in a rapidly evolving market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.226
    Latitude
    34.0452
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,501
    $689,292
    $459,526
    $1,148,818
    -
    $0.00
    $0.00
    $0.00

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    Los Angeles, CA 90033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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