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312 E 1st St 34,320 SF 29% Leased Office Building Los Angeles, CA 90012 For Sale
Investment Highlights
- 34,320 SF office building with six floors and modern creative build-outs.
- Located in an Opportunity Zone with potential tax advantages.
- Excellent transit access with Metro and commuter rail nearby.
- Currently 29% leased, offering strong value-add potential.
- Features include 24-hour access, controlled entry, and abundant natural light.
Executive Summary
The building features modern creative office build-outs with abundant natural light, exposed concrete, and glass accents. Suites include private restrooms, conference rooms, and open bullpen areas, catering to tenants seeking flexible and collaborative work environments. The property also offers 24-hour access, controlled entry, and proximity to major transit options, including Metro and commuter rail lines, making it highly accessible for employees and clients.
Located within an Opportunity Zone, this asset may qualify for preferential tax treatment, enhancing its long-term investment appeal. Its prime location in Little Tokyo places it near cultural landmarks, dining, and entertainment, while providing excellent connectivity to the broader Downtown LA market.
Property Facts
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Commuter Rail
- Metro/Subway
- Wheelchair Accessible
- Central Heating
- Natural Light
- Reception
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 230 Virtual Tour: https://my.matterport.com/models/n9oA3iGyqDk?section=media
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. 4 phone rooms, 5 offices, 3 conference rooms, and 2 bullpen areas. Contiguous with the 4th & 5th floor for 21,189 SF. 3rd Floor Virtual Tour: https://my.matterport.com/show/?m=g1HxkNiKcuv
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. Wide open exterior window line, large bullpen, and various interior meeting rooms, offices, and storage areas. Contiguous with the 3rd & 5th floor for 21,189 SF.
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. Reception area, 2 conference rooms, an open bullpen area, and a separate large communal kitchen & entertaining area. Contiguous with the 3rd & 4th floor for 21,189 SF.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 220 | 943 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 230 | 904 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 242 | 1,189 SF | Office | Full Build-Out | Now |
| 3rd Floor | 7,063 SF | Office | Full Build-Out | Now |
| 4th Floor | 7,063 SF | Office | Full Build-Out | Now |
| 5th Floor | 7,063 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 220
| Size |
| 943 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 230
| Size |
| 904 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 242
| Size |
| 1,189 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 7,063 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 7,063 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 7,063 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 220
| Size | 943 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
2nd Fl-Ste 230
| Size | 904 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 230 Virtual Tour: https://my.matterport.com/models/n9oA3iGyqDk?section=media
2nd Fl-Ste 242
| Size | 1,189 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
3rd Floor
| Size | 7,063 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. 4 phone rooms, 5 offices, 3 conference rooms, and 2 bullpen areas. Contiguous with the 4th & 5th floor for 21,189 SF. 3rd Floor Virtual Tour: https://my.matterport.com/show/?m=g1HxkNiKcuv
4th Floor
| Size | 7,063 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. Wide open exterior window line, large bullpen, and various interior meeting rooms, offices, and storage areas. Contiguous with the 3rd & 5th floor for 21,189 SF.
5th Floor
| Size | 7,063 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
New, move-in ready creative space with Modify-to-Suit available. Abundant glass and exposed concrete with private restrooms. Reception area, 2 conference rooms, an open bullpen area, and a separate large communal kitchen & entertaining area. Contiguous with the 3rd & 4th floor for 21,189 SF.
Property Taxes
| Parcel Number | 5161-017-035 | Improvements Assessment | $3,862,369 |
| Land Assessment | $1,080,203 | Total Assessment | $4,942,572 |
Property Taxes
Contacts
-
Phillip Sample -
Chris Caras -
Michael Shustak -
Brad Chelf -
Taylor Watson -
CBRE, Inc.
Presented by
312 E 1st St
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