Owner/User Retail Opportunity | 1025 Towne Ave
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Owner/User Retail Opportunity 1025 Towne Ave
23,512 SF 92% Leased Industrial Building Los Angeles, CA 90021 £9,192,180 (£391/SF) 8.92% Net Initial Yield
Investment Highlights
- Historically Very Low Vacancy Showrooms
- Downtown Fashion District Synergy
- M2 Zoning Permits A Wide Range of Uses
- Multi-Tenant Retail Property
- Onsite Parking Lot
- Just Blocks Away From City Market Development Project
Executive Summary
1025 Towne Avenue is located in the heart of the LA Downtown Fashion District. The 31,900 SF two-story commercial building includes a mixture of fashion retail tenants. Building features include 14’ ceiling heights, building signage and onsite parking. Zoned M2, the location is permitted for a range of uses, including manufacturing, warehousing, distribution, research and development, and standard retail. The location has immediate access to the 10 Freeway, providing quick access to West LA and East LA. Situated on a 0.55-acre land parcel, the property has a building floor area ratio of 0.98.
Property Facts
Amenities
- Mezzanine
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 1,800 SF
- Retail
- -
- Now
Space | Size | Space Use | Condition | Available |
1st Floor | 1,800 SF | Retail | - | Now |
1st Floor
Size |
1,800 SF |
Space Use |
Retail |
Condition |
- |
Available |
Now |
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Walk Score ®
Very Walkable (74)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
Parcel Number | 5132-010-039 | Improvements Assessment | £6,390,917 |
Land Assessment | £7,727,200 | Total Assessment | £14,118,117 |
PROPERTY TAXES
Parcel Number
5132-010-039
Land Assessment
£7,727,200
Improvements Assessment
£6,390,917
Total Assessment
£14,118,117
zoning
Zoning Code | M2, Los Angeles (Light Industrial) |
M2, Los Angeles (Light Industrial) |
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Owner/User Retail Opportunity | 1025 Towne Ave
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