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1016 S Towne Ave 950 SF Industrial Condo Unit Offered at $199,000 in Los Angeles, CA 90021
Investment Highlights
- 950-square-foot retail/industrial condo within a modern multi-tenant facility
- Excellent transit accessibility and walkability scores, supporting strong customer and employee connectivity
- Offered at $199,000, an attractive price point for owner-users and investors in a highly sought-after submarket
- Located in the Fashion District of Downtown Los Angeles, a bustling hub for wholesale and retail commerce
- Zoning (LAM2) allows for diverse use options catering to retail, showroom, or light manufacturing needs
- Building amenities include signage opportunities, air conditioning, storage features, and convenient access to major transportation corridors
Executive Summary
1016 S Towne Avenue is part of a commercial condominium development in the Fashion District, Los Angeles, offering high accessibility via road and transit networks. The property sits within proximity to major wholesale apparel markets, vibrant urban amenities, and regional distribution hubs, making it a suitable option for small-scale retail and light industrial users seeking presence in a dense trade area.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
APN: 5132-009-063
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 220 | 950 SF | Industrial | $199,000 ($209.47/SF) | - |
Unit 220
| Unit Size |
| 950 SF |
| Condo Use |
| Industrial |
| Price |
| $199,000 ($209.47/SF) |
| NOI |
| - |
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Unit 220
| Unit Size | 950 SF |
| Condo Use | Industrial |
| Price | $199,000 ($209.47/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| APN: 5132-009-063</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 56,550 SF | Typical Floor Size | 56,550 SF |
| Property Type | Retail (Condo) | Year Built | 2008 |
| Property Subtype | Storefront Retail/Office | Lot Size | 1.30 AC |
| Building Class | B | Parking Ratio | 0.04/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | LAM2 - Light Industrial | ||
| Total Building Size | 56,550 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 56,550 SF |
| Year Built | 2008 |
| Lot Size | 1.30 AC |
| Parking Ratio | 0.04/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAM2 - Light Industrial |
Amenities
- Bus Line
- Mezzanine
- Signage
- Storage Space
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 5
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Matterport 3D Exterior
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Street View
Street
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1016 S Towne Ave
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