Historic Cultural Office Space

320 E 2nd St Floor 2
Historic Cultural, Los Angeles, CA
Second floor space! POTENTIAL FOR LARGE EXTERIOR SIGNAGE! It's currently a karate studio but can be demo'd and built out to your liking! The building has a passenger elevator that opens into the space along with two stair-cases access points. Space has two existing bathrooms and central HVAC. EXISTING KITCHEN AREA with vent/hood! 24/7 access. ****There is DIRECT STAIR ACCESS to the space from the ground floor door at the front of the building, to the left of the lobby entrance!**** Just live 7 Grand Bar in DTLA! Great opportunity! Owner wants to lease the space in as-is condition and is open to giving free rent and/or lower rent rate. AMAZING OPPORTUNITY! Ask advantages of signing 5-year lease! All our listings, min 1 year leases but owner may require longer than 1 year. Showings by APPOINTMENT ONLY. I'm a real estate broker, if this space doesn't meet your needs I may have/know something else that does. Go to my web-site & submit your info or call now! Thank you! Facebook: @dtla4ever, Instagram: @dtlarealestate, Twitter: @dtla4ever, Snapchat: @dtlarealestate DISCLOSURES: The information contained herein is deemed reliable but was obtained from 3rd parties and has not been independently verified by dtlarealestate.com and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice. All square feet listed on marketing materials are the net (usable) square feet which we include a standard 20% load factor to calculate the gross (rentable) square feet. We list everything with a 20% load factor regardless if there is common area or not. Square feet are approximate and are not guaranteed, leases assume you measure the sqft before leasing and approve of the calculation for multiple reasons. Rent rate and terms on all of darealestate.com's advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Lic#01753250

Historic Cultural

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Historic Cultural Rates

On average, listings lease in the $20's per square foot per year. The Historic Cultural submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $36 per sqft per year. That's a 60% decline in rent.

Historic Cultural Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 13,020 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1941 and are Class B.

Historic Cultural Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Historic Cultural residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Historic Cultural.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Historic Cultural.