405 Towne Ave, Los Angeles, CA 90013
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAM2 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.