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    FOR SALE
    Manufacturing properties

    405 Towne Ave, Los Angeles, CA 90013

    16,500 SF 0.12 ac lot Built 1925
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6484139
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group FOOD PROCESSING
    Year built 1925
    Construction STEEL FRAME
    Total area 16,500 SF
    Lot 0.12 ac (5,384 SF)
    Zoning code LAM2
    APN 5147-009-019
    UPID US09-6484139
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.16M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.01M
    Owner & transaction history
    Harvest Small Busn Fin LLC · 7 yrs held
    Harvest Small Busn Fin LLC
    since 2018
    7 recorded transactions
    2018
    $2.9M
    2018
    $3.5M
    2016
    2014
    2013
    2005
    $1.4M
    2003
    $980,000
    Zoning & alternative use
    LAM2 · Los Angeles, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.9M +5.9%
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    More about this property
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