401 Cypress Ave
Los Angeles, CA 90065
Arroyo Arts Complex · Multifamily Property For Sale · 5 Units

Stunning trophy asset located in the path of progress in Cypress Park Village near Taylor Yard project; tons of unique components and features facilitated by an architectural designer highly regarded by industry publications. After a 2-year design-and-build process, this one-of-a-kind mixed-use arts complex is timeless. Each space has been thoughtfully designed, with large communal zones intended for social experiences between tenants and their guests. Convenient to Metro Gold Line and LA freeways, perfect for commuters and business owners. The retail space offers a flexible opportunity to showcase products, art compositions, or client exhibitions, with an additional flow of patrons expected from popular neighboring areas such as Silver Lake, Atwater Village, and River communities by way of the new Figueroa St bridge. Within blocks of cultural institutions, including artist-owned retail shops, galleries, and cafes, as well as a Starbucks Coffee under construction across the street. Additional income opportunities include: 70% of total filming fees where possible, and additional concession stand currently unused. The property consists of four units total plus 1 non-conforming unit currently being used as flex space. Check video link! Broker/Agent does not guarantee accuracy of square footage, lot size, rent control, permits, use code other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources.