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651 Anderson St 1,984 SF Flex Building Los Angeles, CA 90023 $1,089,000 ($548.89/SF)
Investment Highlights
- Prime location in the South Western Arts District near Downtown Los Angeles.
- Distinctive exterior with large mural and strong curb appeal.
- Zoned M2-1-KIO-CU64, offering flexibility for creative and industrial uses.
- Excellent access to major freeways, including the 110, 10, and 101.
Executive Summary
Built in 1926, the property combines historic character with structural integrity, making it an ideal candidate for adaptive reuse or creative redevelopment. Its prime location east of the 110 Freeway ensures excellent connectivity to Downtown Los Angeles, major freeways, and the surrounding creative community. The property features two sets of double doors for easy access, ample curb appeal highlighted by a striking mural, and abundant street parking in addition to nearby parking options.
Situated within the South Western Arts District, this property is surrounded by a thriving mix of galleries, studios, and trendsetting businesses. The area continues to attract artists, entrepreneurs, and innovative companies, making this an outstanding long-term investment in one of Los Angeles’ most dynamic neighborhoods. Whether for personal use or as a strategic acquisition, 651 Anderson Street offers a compelling blend of location, character, and potential.
Property Facts
Amenities
- Storage Space
Utilities
- Lighting - Fluorescent
- Water - City
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
651 Anderson Street offers a rare opportunity to lease a compact flex property in the heart of Central Los Angeles. Positioned within a dense urban corridor, this asset provides convenient access to major transportation routes and key business districts. The property sits just minutes from Downtown Los Angeles and is well-connected to the region’s freeway network, including proximity to the I-10, I-5, and US-101, ensuring efficient distribution and commuter access.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 651 | 1,984 SF | Industrial | Shell Space | Now |
1st Fl - 651
| Size |
| 1,984 SF |
| Space Use |
| Industrial |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl - 651
| Size | 1,984 SF |
| Space Use | Industrial |
| Build-Out | Shell Space |
| Available | Now |
651 Anderson Street offers a rare opportunity to lease a compact flex property in the heart of Central Los Angeles. Positioned within a dense urban corridor, this asset provides convenient access to major transportation routes and key business districts. The property sits just minutes from Downtown Los Angeles and is well-connected to the region’s freeway network, including proximity to the I-10, I-5, and US-101, ensuring efficient distribution and commuter access.
Property Taxes
| Parcel Number | 5171-017-004 | Improvements Assessment | $346,800 |
| Land Assessment | $673,200 | Total Assessment | $1,020,000 |
Property Taxes
Presented by
651 Anderson St
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