124 N Townsend Ave - Loft/Creative Space FOR SALE


Los Angeles, CA 90063- East Los Angeles
$3,500,000 USD
310-525-3704
124 N Townsend Ave, Los Angeles, CA for Sale
$3,500,000 USD
Loft/Creative Space - FOR SALE
1/23
null | Request Cap Rate

124 N Townsend Ave
Los Angeles, CA 90063
East Los Angeles


HIGHLIGHTS

  • One of a kind creative office space with its own dedicated fenced parking lot.
  • The property has an enormous main hall with a state, mezzanine, reception and conference rooms.

OVERVIEW

BRC Advisors – BH has been retained on an exclusive basis present the unique opportunity to acquire 124 N Townsend Ave & 125 N Townsend Ave, a freestanding office building & vacant land located in Welling Heights, Boyle Heights Adj. Perfect for a growing digital, creative or marketing company. Completely remodeled and designed by the current owner, a potential owner user has the chance have their own building, company name & logo on the facade, own secure private parking lot. This three-story Property has been meticulously restored & updated. A perfect space for creative office, startup, or established business. Central access for easy commute to freeways & main thoroughfares. Minutes from uber popular downtown LA's Arts District & trendy Boyle Heights. Property features soaring 20' ceilings, nearly 13,000 sq ft of interior space, exposed brick walls, polished oak floors, spacious kitchens, gorgeous baths, enormous main hall w/ stage & mezzanine, roof top w/ panoramic downtown high-rise views, controlled access & private gated parking lot for employees & guests, all-new HVAC system, secure gated entrances. Located just east of Downtown directly off 1st Street. Zoned R2 with an approved non-conforming review use for general office, assembly hall, and photography studio with filming.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

LC-R2, Los Angeles

APN/PARCEL ID

5232-015-017

ASK ABOUT THIS PROPERTY

Ramtin RafieeBRC Advisors - BH, Inc.More Info
310-525-3704

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Ramtin RafieeBRC Advisors - BH, Inc.More Info
310-525-3704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.