Los Angeles, CA 90016
$1,800,000

Mark Quesada
Broker / Owner
DRE #02101365
Rare Mid-City Los Angeles investment opportunity directly across the street from the Nate Holden Performing Arts Center. Built in 1928, this character-rich commercial property offers approximately 4,099 sq. ft. of building area situated on a 7,010 sq. ft. lot. The property consists of four total units featuring a unique mix of creative office, workshop, warehouse, studio, and flex-use spaces with vintage architectural details throughout. Property highlights include exposed brick walls, soaring ceilings, skylights, mezzanine/storage areas, roll-up door access, private offices, workshop areas, and a large detached rear storage garage. The building has been retrofitted for seismic activity, providing added value and peace of mind for investors and owner-users alike. Currently, two units are vacant with the possibility of delivering a third unit vacant, creating immediate upside potential for owner-users, creative businesses, or investors seeking value-add opportunities. Excellent setup for woodworking, design studio, fabrication, artist space, production, showroom, or mixed creative commercial uses. Prime Mid-City location with convenient access to Downtown Los Angeles, Culver City, Koreatown, West Adams, and major transportation corridors. Tremendous opportunity to reposition, lease-up, or customize this iconic property in one of Los Angeles' evolving creative corridors. Buyer to independently verify square footage, zoning, permits, tenancy, and permitted uses. Property sold in present AS-IS condition.
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$13,284/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Ricardo Curtis, Jacob, Christopher & Lee Rlty
MLS# 26833385 · Active
History reflects records reported to the MLS and may be incomplete.