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Investment Highlights
- Freestanding two-story building totaling approximately 5,320 square feet.
- Features include 15-foot ceilings, one grade-level loading door, and a fenced yard.
- Excellent accessibility to LAX, 105 and 405 freeways, and a broad base of nearby amenities.
- Recently cleared of prior improvements, offering a clean slate for customization.
- Located in El Segundo’s Smoky Hollow District, a thriving hub for creative and tech firms.
- On-site parking for 10 vehicles supports convenient employee and visitor access.
Executive Summary
112 Penn Street presents a compelling opportunity to acquire a freestanding two-story creative office building in the heart of El Segundo’s Smoky Hollow District. Spanning approximately 5,320 square feet, this property offers the rare combination of scale and flexibility in one of Los Angeles’ most dynamic submarkets. Delivered vacant and recently cleared of prior improvements, the building is primed for customization to meet the vision of an owner-user.
The property includes a fenced yard and grade-level loading, enhancing operational efficiency and flexibility for a variety of uses, from creative office to light production. Situated in Smoky Hollow, a district known for its vibrant atmosphere and authentic character, the location provides seamless access to LAX, as well as major arteries including the 105 and 405 freeways. Tenants and visitors enjoy proximity to eclectic dining, breweries, and lifestyle amenities, fostering a dynamic work environment.
With its strategic location and clear canvas for future improvements, 112 Penn Street represents an outstanding ownership opportunity in a supply-constrained market.
The property includes a fenced yard and grade-level loading, enhancing operational efficiency and flexibility for a variety of uses, from creative office to light production. Situated in Smoky Hollow, a district known for its vibrant atmosphere and authentic character, the location provides seamless access to LAX, as well as major arteries including the 105 and 405 freeways. Tenants and visitors enjoy proximity to eclectic dining, breweries, and lifestyle amenities, fostering a dynamic work environment.
With its strategic location and clear canvas for future improvements, 112 Penn Street represents an outstanding ownership opportunity in a supply-constrained market.
Property Facts
Amenities
- Fenced Lot
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4135-019-010 | Improvements Assessment | $1,836,000 |
| Land Assessment | $1,734,000 | Total Assessment | $3,570,000 |
Property Taxes
Parcel Number
4135-019-010
Land Assessment
$1,734,000
Improvements Assessment
$1,836,000
Total Assessment
$3,570,000
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