1329 3Rd StLos Angeles, CA 90033

Property Details for 1329 3Rd St

Year built

1956

Construction

TILT-UP CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

4,716 SF

Zone code

LAM2

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

5172-010-003

APU

5172010003

Description

This exceptional 4,716-square-foot single-tenant industrial property, located at 1329 E. 3rd St. in Los Angeles County, presents a unique investment opportunity. Originally constructed in 1956 and extensively upgraded in 2016, the building is currently zoned for light industrial use and functions as a successful performing arts production and event facility. The one-story structure boasts a thoughtfully designed interior featuring versatile space ideal for a variety of uses. Key features include a sprung dance floor, ample loft areas perfect for storage or additional studio space, and a convenient handicap lift ensuring accessibility. The property also benefits from a robust 400-amp electrical service and eight HVAC units for climate control throughout the building. The high ceilings feature a striking bow truss design, adding to the building's character and appeal. The space is well-suited for office, studio, or artist use, offering a blend of functionality and creative potential. Its location within a mile of major entertainment studios like Ace Mission Studios and a short drive to the Arts District provides unparalleled access to a vibrant and dynamic community. This property offers a rare combination of history, modern upgrades, and prime location, making it an exceptional investment opportunity in a rapidly evolving market.

• Alternative Use

  Use

  Valuation

  Residential

  $1,592,181

  Hospitality

  $1,458,429

  Educational

  $1,213,396

  Medical

  $1,255,126

  Retail

  $1,887,505

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0452

Longitude

-118.226

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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