Detail

Updated on July 28, 2023 at 9:04 pm

  • Land Area: 5,663 sq ft
  • Property Size: 16,500 sq ft
  • Price: $8,500,000
  • Year Built: 1925

Description

• Sale and lease prices reduced! Owner motivated!
• Prime DTLA creative compound ideal for music, film, video production/post production
• 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)
• Recording 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)
• 13,000 SF available for lease at $1.15 per SF MG (5,500 SF basement, 5,500 SF 2nd floor and 2,000 SF of ground floor)
• Divisible for lease to 5,500 SF second floor (1.80 per SF MG) or 5,500 SF basement ($0.76 per SF MG).

Property Documents

  • Marketing Package for 405 Towne Ave Sale
  • Marketing Package for 405 Towne Ave Lease
  • Address: 405 Towne Ave
  • City: Los Angeles
  • State/county: CA
  • 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

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