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1543 Newton St

Downtown Los Angeles, Los Angeles, CA
Floors
2
Total Size
22,159 sqft
Lot Size
1 acres
Zoning
LAM2
Year Constructed
1937

About 1543 Newton St

Built in 1927, the office building at 1543 Newton Street in Los Angeles is ideal for creative companies hoping to rent office space in the city's Fashion District.

Comprising of a total size of 49,120 square feet, the building's two floors are connected via two freight elevators. 1543 Newton Street in Los Angeles occupies a prime Downtown spot and offers a fenced and paved yard that can accommodate parking for up to 43 cars. Boasting an abundance of natural light and fully sprinklered offices with a great layout, this property won't stay on the market for long!

Interiors feature 12 ft. high exposed ceilings, efficient column spacing and concrete floors. 1543 Newton Street in Los Angeles was recently totally refurbished and boasts two dock-high doors for loading and one grade level door. It is possible to divide the property into two units for multiple tenant occupancy.

Located just north of Freeway 10, between Alameda Street and Central Avenue, these offices are also just a short walk from Arthur's Garden Restaurant, Almas and Hoagies Restaurant and Cash & Carry grocery store.

1543 Newton Street in Los Angeles welcomes tenants with an attractive gray brick facade.

Internet Providers for 1543 Newton St

Provider Technology Max Download Speed Max Upload Speed
TIME WARNER CABLE Cable
100 Mb/s
6 Mb/s
Megapath Copper Wireline
25 Mb/s
25 Mb/s
AT&T California DSL
3 Mb/s
768 kbps

The Neighborhood: Downtown Los Angeles

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Los Angeles submarket is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Median Rate Median Size
Downtown Los Angeles $36
/sqft/yr
3,210
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,210
sqft

Median Rate over Time in Downtown Los Angeles