Detail

Updated on January 10, 2025 at 5:03 pm

  • Land Area: 5,663 sq ft
  • Property Size: 16,500 sq ft
  • Price: $7,000,000
  • Year Built: 1925

Description

• 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 Documents

  • Marketing Package for 405 Towne Ave
  • Address: 405 Towne Ave,
  • City: Los Angeles
  • Zip/Postal Code: 90013
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Sion Khakshour
Sion Khakshour
213.342.3384213.210.7492

Inquire about this property

Similar Properties

Featured
For Sale
$4,700,000
For Sale

Owner/User or Investor Opportunity

827 E Jefferson Blvd, Los Angeles, CA 90011, USA

sq ft: 7,864

Industrial, Mixed Use

Daniel Moussazadeh

2 years ago

$4,700,000

sq ft: 7,864

Industrial, Mixed Use

2 years ago

For LeaseRecently RemodeledReduced!
$1.21/sq ft
For LeaseRecently RemodeledReduced!

Refurbished 2-Story Multi-Use Facility

405 Towne Ave, Los Angeles, CA 90013, USA

sq ft: 16,500

Creative/Flex, Mixed Use, Office

Sion Khakshour

9 months ago

$1.21/sq ft

sq ft: 16,500

Creative/Flex, Mixed Use, Office

9 months ago

For Lease
$0.60/sq ft
For Lease

Contractor’s Yard, Parking, Storage, Etc.

5875 Towne Ave, Los Angeles, CA 90003, USA

sq ft: 14,400

Industrial, Land

Daniel Moussazadeh

4 years ago

$0.60/sq ft

sq ft: 14,400

Industrial, Land

4 years ago

Featured
For SaleDevelopment SiteReduced!
$7,250,000
For SaleDevelopment SiteReduced!

DTLA Development Site: 7th & San Pedro Corner

611 E 7th St, Los Angeles, CA 90021, USA

sq ft: 35,816

Commercial, Industrial, Land

Rene Mexia , Bradley A. Luster

4 months ago

$7,250,000

sq ft: 35,816

Commercial, Industrial, Land

4 months ago

For LeaseBeing Completely RefurbishedReduced!
$0.83/sq ft
For LeaseBeing Completely RefurbishedReduced!

South L.A. Manufacturing/Warehouse

918 E 61st St, Los Angeles, CA 90001, USA

sq ft: 12,000

Industrial, Manufacturing, Warehouse

Sion Khakshour

4 months ago

$0.83/sq ft

sq ft: 12,000

Industrial, Manufacturing, Warehouse

4 months ago