Rare Mid-City Los Angeles investment opportunity directly across the street from the Nate Holden Performing Arts Center. Built in 1928, this character-rich commercial property offers approximately 4,099 sq. ft. of building area situated on a 7,010 sq. ft. lot. The property consists of four total units featuring a unique mix of creative office, workshop, warehouse, studio, and flex-use spaces with vintage architectural details throughout. Property highlights include exposed brick walls, soaring ceilings, skylights, mezzanine/storage areas, roll-up door access, private offices, workshop areas, and a large detached rear storage garage. The building has been retrofitted for seismic activity, providing added value and peace of mind for investors and owner-users alike. Currently, two units are vacant with the possibility of delivering a third unit vacant, creating immediate upside potential for owner-users, creative businesses, or investors seeking value-add opportunities. Excellent setup for woodworking, design studio, fabrication, artist space, production, showroom, or mixed creative commercial uses. Prime Mid-City location with convenient access to Downtown Los Angeles, Culver City, Koreatown, West Adams, and major transportation corridors. Tremendous opportunity to reposition, lease-up, or customize this iconic property in one of Los Angeles' evolving creative corridors. Buyer to independently verify square footage, zoning, permits, tenancy, and permitted uses. Property sold in present AS-IS condition.
Details
MLS #
26833385
Listing Type
For Sale
Sub-Type
Resale
Status
Active Under Contract
Year
1928
Days On Site
161
Listing Provided By
Jacob, Christopher & Lee Rlty | Ricardo Curtis
Features
SQ Feet
4,099
Zoning
LAC2
Acreage
0.16
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90016
Area
C16 Mid Los Angeles
Listing VS Median (in 90016)
Price: $1,800,000
low | high
Med: $949,000
97.277777777778% of Average
sqft: 4,099
low | high
Med: 1,284
100% of Average
$ / sqft: $439
low | high
Med: $739
18.30871408792% of Average
On site: 161
low | high
Med: 7
100% of Average
Sourced by Back At You
Market Activity 90016
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 2
Avg $ Per SqFt: $558.76
Min Sale Price: $349,995
Max Sale Price: $1,399,000
Med Sale Price: $874,497
Date: Aug 2026
Sales: 4
Avg $ Per SqFt: $715.2
Min Sale Price: $691,000
Max Sale Price: $1,625,000
Med Sale Price: $1,016,500
Date: Jul 2026
Sales: 16
Avg $ Per SqFt: $688.1
Min Sale Price: $465,000
Max Sale Price: $1,495,000
Med Sale Price: $1,070,500
Date: Jun 2026
Sales: 13
Avg $ Per SqFt: $685.37
Min Sale Price: $300,000
Max Sale Price: $2,750,000
Med Sale Price: $950,000
Date: May 2026
Sales: 15
Avg $ Per SqFt: $708.36
Min Sale Price: $665,000
Max Sale Price: $1,850,504
Med Sale Price: $1,152,000
Date: Apr 2026
Sales: 24
Avg $ Per SqFt: $795.19
Min Sale Price: $350,000
Max Sale Price: $11,750,000
Med Sale Price: $897,500
Date: Mar 2026
Sales: 22
Avg $ Per SqFt: $660.7
Min Sale Price: $485,000
Max Sale Price: $4,000,000
Med Sale Price: $987,500
Date: Feb 2026
Sales: 13
Avg $ Per SqFt: $619.27
Min Sale Price: $410,000
Max Sale Price: $2,171,000
Med Sale Price: $1,125,000
Date: Jan 2026
Sales: 19
Avg $ Per SqFt: $495.19
Min Sale Price: $2,795
Max Sale Price: $1,428,000
Med Sale Price: $912,150
Date: Dec 2025
Sales: 16
Avg $ Per SqFt: $293.23
Min Sale Price: $2,395
Max Sale Price: $1,430,000
Med Sale Price: $562,500
Date: Nov 2025
Sales: 13
Avg $ Per SqFt: $419.3
Min Sale Price: $2,650
Max Sale Price: $3,342,000
Med Sale Price: $690,000
Date: Oct 2025
Sales: 27
Avg $ Per SqFt: $345.33
Min Sale Price: $2,050
Max Sale Price: $3,500,000
Med Sale Price: $690,000
Sourced by Back At You
Sep 2026
Sales:
2
Avg $ Per SqFt:
$558.76
Min Sale Price:
$349,995
Max Sale Price:
$1,399,000
Med Sale Price:
$874,497
Aug 2026
Sales:
4
Avg $ Per SqFt:
$715.2
Min Sale Price:
$691,000
Max Sale Price:
$1,625,000
Med Sale Price:
$1,016,500
Jul 2026
Sales:
16
Avg $ Per SqFt:
$688.1
Min Sale Price:
$465,000
Max Sale Price:
$1,495,000
Med Sale Price:
$1,070,500
Jun 2026
Sales:
13
Avg $ Per SqFt:
$685.37
Min Sale Price:
$300,000
Max Sale Price:
$2,750,000
Med Sale Price:
$950,000
May 2026
Sales:
15
Avg $ Per SqFt:
$708.36
Min Sale Price:
$665,000
Max Sale Price:
$1,850,504
Med Sale Price:
$1,152,000
Apr 2026
Sales:
24
Avg $ Per SqFt:
$795.19
Min Sale Price:
$350,000
Max Sale Price:
$11,750,000
Med Sale Price:
$897,500
Mar 2026
Sales:
22
Avg $ Per SqFt:
$660.7
Min Sale Price:
$485,000
Max Sale Price:
$4,000,000
Med Sale Price:
$987,500
Feb 2026
Sales:
13
Avg $ Per SqFt:
$619.27
Min Sale Price:
$410,000
Max Sale Price:
$2,171,000
Med Sale Price:
$1,125,000
Jan 2026
Sales:
19
Avg $ Per SqFt:
$495.19
Min Sale Price:
$2,795
Max Sale Price:
$1,428,000
Med Sale Price:
$912,150
Dec 2025
Sales:
16
Avg $ Per SqFt:
$293.23
Min Sale Price:
$2,395
Max Sale Price:
$1,430,000
Med Sale Price:
$562,500
Nov 2025
Sales:
13
Avg $ Per SqFt:
$419.3
Min Sale Price:
$2,650
Max Sale Price:
$3,342,000
Med Sale Price:
$690,000
Oct 2025
Sales:
27
Avg $ Per SqFt:
$345.33
Min Sale Price:
$2,050
Max Sale Price:
$3,500,000
Med Sale Price:
$690,000
MLS#: 26833385 Listed By: Ricardo Curtis - Jacob, Christopher & Lee Rlty - 3106743863-
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MLS#: 26833385 Listed By: Ricardo Curtis - Jacob, Christopher & Lee Rlty - 3106743863-