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The Mills 671 Mill St

39,962 SF 40% Leased Office Building Los Angeles, CA 90021 For Sale

Investment Highlights

  • Fully renovated, turnkey office building ideal for creative use.
  • Immediate occupancy available.
  • Secure, gated parking with the potential for additional nearby parking.
  • Unique architectural features including expansive skylights on the second floor and a private outdoor patio.
  • Rooftop deck for events or leisure, showcasing panoramic city views.

Executive Summary

The Mills, located at 671 Mill Street in Los Angeles' vibrant Arts District, is a 39,962 square foot, fully renovated office building. Constructed in 1923 and comprehensively renovated in 2024, this property offers two stories of creative workspace, plus a rooftop deck with breathtaking views of the downtown Los Angeles skyline. With 40% of the space leased, 23,908 square feet remains available, providing a prime opportunity for owner-users or investors. The property includes 26 onsite parking stalls with additional offsite parking options.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
39,962 SF
Building Class
B
Year Built/Renovated
1923/2024
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,981 SF
Building FAR
1.33
Land Acres
0.69 AC
Opportunity Zone
Yes
Zoning
M3-1 - Manufacturing
Parking
26 Spaces (0.65 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (76)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5164-022-011
Land Assessment
$12,484,800
Improvements Assessment
$3,641,400
Total Assessment
$16,126,200
  • Listing ID: 33043936

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 671 Mill St, Los Angeles, CA 90021

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