405 Towne AveLos Angeles, CA 90013

  • Industrial properties
  • 16,500 SF
For Lease
$14.52/SF/YR View listing

Property Details for 405 Towne Ave

Year built
1925
Construction
STEEL FRAME
Lot size
0.12 AC
Property size (Sq ft)
16,500 SF
Zone code
LAM2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5147-009-019
APU
5147009019

Description

This stunning 16,500 square foot creative office compound in the heart of Downtown Los Angeles presents a unique leasing opportunity. Located at 405 Towne Ave, 90013, this three-story building boasts a rich history, originally constructed in 1925 and extensively renovated in 2020. The property is zoned LA M2 and sits on a 5,663 square foot lot in Los Angeles County. The space is currently entirely vacant and available for lease as a whole, or potentially divisible into units of at least 5,500 contiguous square feet. The maximum contiguous space available is also 5,500 square feet. The building offers ample power with 800A, 120-240V, 3-phase, 4-wire service. Secure ground floor interior parking is available for 4-5 vehicles. This exceptional property is ideal for a company seeking a unique and historic space in a vibrant, central location. Its blend of character and modern updates provides a compelling opportunity for a discerning tenant. The property's size and layout offer significant flexibility for a variety of uses within the executive office subtype. Inquire today to learn more about this exceptional Downtown Los Angeles offering.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,570,607
    Hospitality
    $5,102,646
    Educational
    $4,245,342
    Medical
    $4,391,346
    Retail
    $6,603,865
405 Towne Ave, Los Angeles, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0443
Longitude
-118.241
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
$52,041
$1,093,645
$2,734,114
$3,827,759
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FAQs

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