1025 Towne Ave

For Sale

1025 Towne Ave, Los Angeles, CA 90021

This Los Angeles property for sale is located at 1025 Towne Ave. The current listed sale price for 1025 Towne Ave is $11,500,000. 1025 Towne Ave is situated on a lot that is 0.55 acre in size.

Contacts

broker
Matthew Sullivan

Los Angeles - Investment Services Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 31,900 SF
  • Units 15
  • Lot Size 0.55 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 55
  • Parking Ratio 2.30 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Year Renovated 2007
  • Date Updated Jan 7, 2025
1025 Towne Avenue is located in the bustling downtown area of Los Angeles, within the 90021 ZIP code. This area is part of the city’s Arts District, known for its vibrant cultural scene, which includes a diverse mix of galleries, studios, and creative spaces. The Arts District is one of LA’s most up-and-coming neighborhoods, providing a unique blend of historical industrial buildings that have been repurposed into lofts, restaurants, and trendy cafes. The vicinity showcases a combination of architectural styles ranging from classic warehouses to modern residential and commercial developments. Supported by a community of artists, professionals, and entrepreneurs, the neighborhood exudes a dynamic and entrepreneurial spirit.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. Situated near the heart of the Fashion District of Downtown LA, the 1025 Towne Avenue property benefits from placement within a high concentration of independently owned retail and wholesale businesses. Nearby Fashion Marts are San Pedro Wholesale Mart & Annex, Stanford Wholesale Mart, LA Fashion Mart, Stanford Plaza, Bien Bien Accessories, Active Basic, and more. The Towne Avenue property is located in the hub for apparel and wholesale businesses, providing great opportunities for networking and business expansion.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • +/- 31,900 SF Two-Story Commercial Building
  • 8.9% In-Place Cap Rate
  • Historically Very Low Vacancy Showrooms
  • Multi-Tenant Retail Property
  • Central Business District Location
  • Downtown Fashion District Synergy
  • Onsite Parking Lot
  • Easy Freeway Access
  • M2 Zoning Permits A Wide Range of Uses
  • Just Blocks Away From City Market Development Project - Mixture of Residential, Hotel, Corporate Campus & Commercial Space

Attachments

Getting around

  • 74/100

    Walk Score ®

  • 88/100

    Transit Score ®

  • 75/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood Downtown Los Angeles
  • Zip Code 90021
  • Market Los Angeles

Points of Interest

  • San Pedro Street

    0.55 miles

  • Washington

    1.02 miles

  • Pershing Square

    1.03 miles

  • Grand/LATTC

    1.08 miles

  • 7th Street/Metro Center

    1.15 miles

  • 7th Street/Metro Center Station

    1.16 miles

  • Hill Street

    1.22 miles

  • Olive Street

    1.25 miles

  • Historic Broadway

    1.30 miles

  • Civic Center/Grand Park

    1.45 miles

  • Shell

    0.47 miles

  • Chevron

    0.60 miles

  • 76

    0.80 miles

  • SC Fuel

    1.80 miles

  • Electric Vehicle Charging Station

    2.33 miles

  • FLO

    7.85 miles

  • Culver City Supercharger

    8.64 miles

  • Parking electrique

    9.47 miles

  • ChargePoint

    9.50 miles

  • Unified Parking Service Inc.

    0.50 miles

  • Joe's Parking

    0.52 miles

  • Southern California Flower Market Parking Garage

    0.52 miles

  • Public Parking

    0.62 miles

  • Nino Ferretti

    0.65 miles

  • LA Merchandise Mart

    0.68 miles

  • East 8th Street

    0.76 miles

  • Los Angeles Garage Associates

    0.84 miles

  • Westside Collector Car Storage

    9.32 miles

  • DAMA

    0.19 miles

  • Rossoblu

    0.21 miles

  • McDonald's

    0.40 miles

  • Hayato

    0.49 miles

  • Cosmo Plaza

    0.49 miles

  • BROKEN MOUTH

    0.49 miles

  • Poppy + Rose

    0.49 miles

  • Pizzeria Bianca

    0.51 miles

  • Taco House 3

    0.52 miles

  • Rappahannock Oyster Bar

    0.52 miles

  • Imperial Mini Market

    0.52 miles

  • Superior Grocers

    0.75 miles

  • Ross

    0.80 miles

  • Burlington

    0.85 miles

  • Los Angeles Jewelry center

    0.94 miles

  • Whole Foods Market

    0.95 miles

  • B&H Foods

    0.96 miles

  • Little Tokyo Market Place

    1.02 miles

  • Ralphs

    1.03 miles

  • Macy's

    1.08 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matthew Sullivan

Los Angeles - Investment Services Group