For Sale
$7,000,000

405 Towne Ave Los Angeles, CA 90013

Completely Remodeled DTLA Creative Compound

Source: https://www.majorproperties.com

Overview

Added:
Apr 29
Days on market:
Recently Added
• The entire building has been completely renovated
• All new electric, plumbing and sprinklers
• Brand new wood flooring, doors & framing, double pane glass, wrought iron, and pull-down window shades on the second floor
• 5 second floor offices
• 2 second floor kitchens and ground floor kitchenette
• Second floor soundproof recording studio (double walls with air gap) with large control room, tracking room and 3 vocal booths (studio has separate power source)
• Studio could be converted into 2 large executive offices
• 2 large and 2 small HVAC units on the second floor, plus 5 units in the recording studio
• Polished concrete floors on the ground floor & basement
• 2 water heaters and 2 Life Source water purification systems
• All new uninterrupted power from street
• Five 50-amp plugs on the ground floor and five 50-amp plugs in the basement
• Basement has pegs for lights and rigging
• Ethernet powered security cameras
• Plans approved for live/work occupancy (not inspected)
• Current $20,000 monthly income from single tenant

Property Details for 405 Towne Ave

Property type
Office buildings
Square Feet
5,663 SF
Price / Square Foot
$1,236.09
Year Built
1925
Elevators
N/A
Lot Size (sq. ft)
16,500 SF

Location Insight

City
Los Angeles
County
State
California
Latitude
34.0582945
Longitude
-117.7413878

FAQs

What type of property is this?
Office building - Completely Remodeled DTLA Creative Compound
Where is the office building located?
The property is located at 405 Towne Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,000,000.
How can I contact the broker?
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405 Towne Ave
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