Los Angeles, CA 90013,507 Towne AVE
Los Angeles, CA 90013,507 Towne AVE
Los Angeles, CA 90013,507 Towne AVE
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$13,800,000
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0.99 Acres Lot
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507 Towne AVE Los Angeles, CA 90013

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UPDATED:

09/30/2024 06:49 PM

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS24068524

HOA Y/N No

Year Built 1978

Lot Size 0.991 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry None

Exterior

Present Use Commercial

Total Parking Spaces 16

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 5147022031

Security Features Gated with Attendant

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by LI-HONG CHANG • Pinnacle Real Estate Group • 626-264-0809

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772

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507 Towne AVE