$2,500,000
For Sale

1605 E 1st Street

Los Angeles, CA 90033
Listing OfficeThe Agency
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.

  • Property Details
      • Lot DescriptionCornerLot, NearPublicTransit
      • Property SubtypeCommercialSale
      • CountyLos Angeles
      • Original List Price$2,500,000
      • Property TypePurchase
      • MLS #24475139
      • MLS #24475139
      • Cost2500000
      • Acres0.1586
      • Year Built1955
      • Stories1

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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