1605 East 1st Street Los Angeles, CA ^$ 2,500,000

1605 East 1st Street

^$ 2,500,000

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1605 East 1st Street

Los Angeles, CA, 90033

^$ 2,500,000

Studio Baths0.0

Monthly Estimate*

^$ 17,463

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Studio

Commercial Property for sale in Los Angeles, CA

for $2,500,000. This building was built in 1955.

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.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023291325

Features

General

Zoning LAM1

Security Features Automatic Gate Card/Code Access Gated Community

Year Built 1955

Electric Amperage

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 0.0

Street Name 1st

Standard Status Active

Exterior

Lot Features Corner Lot Near Public Transit

Lot Size Area 6908.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 1

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Jacqueline Moeller

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 13%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/18/2023	$2,500,000		Listed Price

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1605 East 1st Street, Los Angeles, CA, 90033 is a Commercial Property for sale at $2,500,000. 1605 East 1st Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1605 East 1st Street

Commercial Property for sale in Los Angeles, CA

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