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Los Angeles, CA 90013 507 Towne Avenue

$13,800,000

507 Towne Avenue Los Angeles, Ca - Image 1507 Towne Avenue Los Angeles, Ca - Image 2507 Towne Avenue Los Angeles, Ca - Image 3
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507 Towne Avenue Los Angeles, Ca - Image 4507 Towne Avenue Los Angeles, Ca - Image 5507 Towne Avenue Los Angeles, Ca - Image 6507 Towne Avenue Los Angeles, Ca - Image 7507 Towne Avenue Los Angeles, Ca - Image 8
Presented By: LI-HONG CHANG with Pinnacle Real Estate Group; 626-264-0809
  • MLS# WS24068524
  • 04/08/2024
  • Request Tour
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  • FootageSQFT • 31,218

Home Details

On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.
Presented By: LI-HONG CHANG with Pinnacle Real Estate Group; 626-264-0809

Interior Features for 507 Towne Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 507 Towne Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Construction MaterialsConcrete
CountyLos Angeles
Days on Market
DirectionsBetween 4th and 5th Street
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet43151.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces16.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalWarehouse
Property SubTypeWarehouse
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesGatedwithAttendant
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameTowne
View Y/NNo
Waterfront Y/NNo
Year Built1978

Exterior for 507 Towne Avenue

Building Area Total31218.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.9906
Lot Size Area43151.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking16.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $13,800,000
MLS#WS24068524
List Date 04/08/2024
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors