LIVE/WORK Property, Los Angeles, CA

Spectrum CRE. is pleased to announce its engagement as exclusive advisors for the sale of the 7,406 square foot (city records 6,398 sf) single tenant, ‘M2 zoned’, Live/Work industrial property in the heart of Los Angeles. The property has been extensively renovated and includes 2 loading door (front & rear), warehouse and offices on the ground floor and a fully functioning mezzanine apartment complete with beautifully laid out bedroom, living room, kitchen and bath.

Located in a prime area near the 5, 10, 110, & 710 freeways, the property offers easy access throughout Los Angeles and Southern California, enhancing connectivity for businesses. Its proximity to downtown Los Angeles is within 5 miles, which adds further convenience and potential benefits. Property is located in one of the strongest industrial markets in the country. In Q2 2023, Los Angeles recorded one of the lowest vacancy rates in the country (1.5%) and rents in the submarket grew by 35% year over year. The site has excellent access to the Ports of Long Beach and Los Angeles (±25 miles). Businesses can establish valuable connections and leverage transportation facilities in these prominent locations.