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.
| MLS # | 26833385 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 109 |
| Listing Provided By | Jacob, Christopher & Lee Rlty | Ricardo Curtis |
| SQ Feet | 4,099 |
|---|---|
| Zoning | LAC2 |
| Acreage | 0.16 |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90016) | |
Price: $1,800,000 low | high Med: $1,995,000 sqft: 4,099 low | high Med: 5,838 $ / sqft: $439 low | high Med: $342 On site: 109 low | high Med: 7.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90016 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90016) | |
Price: $1,800,000 low | high Med: $1,995,000 sqft: 4,099 low | high Med: 5,838 $ / sqft: $439 low | high Med: $342 On site: 109 low | high Med: 7.5 | |