Listed by Major Properties
$5,999,999
Stunning Dtla Creative Compound
Details
Property Type Office
Sub Type Executive Office
Square Footage 16,500
Price per SqFt $364
Year Built 1925
Year Renovated 2020-2023
Stories 3
Lot Size (SqFt) 5,663
Zoning LA M2
Office | 16,500 SqFt
Marketing description
Located at the southwest corner of Towne Avenue ans East 4th Street in Downtown Los Angeles, this prime creative compound offering is adjacent to Little Tokyo and the Arts District.
The turn-key 2-story facility with a full basement has been completely refurbished from top to bottom, and is set up for music, photography, film and video production and postproduction. A freight elevator and two stairwells serve all three floors.
The 16,500 SF building consists of 5,500 SF of creative space per floor. The basement can be used for set construction and filming. The ground floor has two electric loading doors and can park up to six cars, as well as two large production spaces, a kitchen/break room, and two restrooms. The second floor has five offices, an acoustically tuned recording studio, a contemporary kitchen, and two full bathrooms.
The recording studio is 1,700± SF, and is soundproofed with six layers of dry wall and an air gap, and includes a large control room, a large tracking/ recording room, and three ISO/voice over booths.
The facility has been completely updated with all new electric, plumbing, and sprinklers, in addition to new wood flooring, doors and framing on the second floor. The compound also offers clean 800 amps power service and a LifeSource water purification system.
Investment highlights
- 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
Listing Contacts
Listed by Major Properties
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