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941 Towne Avenue, Los Angeles, CA 90021 Property Information

941 Towne Avenue, Los Angeles, CA 90021 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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941 Towne Avenue, Los Angeles, CA 90021
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Address

Primary address 941 Towne Avenue, Los Angeles
Alternate address(es) 948 S Crocker St
941 S Towne Ave
Zip code 90021
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 941 Towne Avenue, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 11/03/2008
Sale price $7,000,000
Arm's length
Current property tax $109,111

Lot & Building Information for 941 Towne Avenue, Los Angeles

Building sqft 15,000
Building class Store - One Story (1100)
Acreage 0.344
Units 1
Year built 1978
Year last altered 2011
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 941 Towne Avenue, Los Angeles

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About 941 Towne Avenue, Los Angeles

How many square feet does 941 Towne Avenue, Los Angeles, CA 90021 have?

This Store - One Story (1100) located at 941 Towne Avenue, Los Angeles, CA 90021 has a total of 15,000 square feet.

What is the year built & the current market value of 941 Towne Avenue, Los Angeles, CA 90021?

941 Towne Avenue, Los Angeles, CA 90021 was built in 1978 and has a current tax assessor's market value of $8,660,746.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information

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Spaces for Lease in 941 Towne Avenue, Los Angeles

948 Crocker Street
Listing type For Lease
Listing date 02/03/2026
Last updated 02/03/2026

Prime Fashion District location with high visibility near the San Pedro Wholesale Mart, ideal for storefront retail or creative office use.Thank you for providing the additional details about the property. Here's an updated description that incorporates the key features: Discover 948 Crocker Street, a versatile 15,000 SF multi-tenant retail/office building located in the prime Fashion District of Los Angeles. With exceptional visibility to 25,000+ VPD and its proximity to the San Pedro Wholesale Mart, this property is at the heart of LA's wholesale and apparel epicenter. Offering flexible leasing options for startups or expansions, ranging from 2,000 SF to the full 15,000 SF, the single-story layout is ideal for storefront retail, showrooms, or creative offices. Don't miss this opportunity to secure a dynamic space in this bustling and vibrant commercial hub.

View Listing

Brokers

Brent Koo
Spaces
Suite name Space type Lease rate Available space Brokers
948 Crocker St Street Retail $18/Sqft/Year 15,000 Brent Koo
Active Listings For This Property:
For Lease 948 Crocker Street
948 Crocker Street
941 Towne Avenue, Los Angeles
Property Street Retail
Availability 1 Spaces listed / 15000 Sqft
Price $18/Sqft/Year
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Past Sales & Property History for 941 Towne Avenue, Los Angeles

Create a free account to view the complete sales history for 941 Towne Avenue, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
11/03/2008 $7,000,000

Title Documents for 941 Towne Avenue, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
08/06/2024 Notice Default
08/06/2024 Substitution Trustee
04/22/2022 Assignment of Lease
Assignment of Rents
04/22/2022 Trust Deed
04/22/2022 Grant Deed
(File correction - Single parcel sale)
04/22/2022 Reconveyance
Substitution Trustee
04/15/2014 Assignment of Lease
Assignment of Rents
04/15/2014 Assignment of Rents
Financing Statement
Trust Deed
05/01/2021
05/01/2012 Agreement
05/01/2012 Assignment of Rents
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R: Recorded date
D: Document date

Property Taxes for 941 Towne Avenue, Los Angeles

Access detailed property tax data for 941 Towne Avenue, Los Angeles, CA 90021. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $102,838
Current property tax $109,111
Market value $8,660,746

Special Assessments And Penalties for 941 Towne Avenue, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
18852 Los Angeles City Street Light Maintenance Land
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 941 Towne Avenue, Los Angeles

Here's the assessment & property tax history for 941 Towne Avenue, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $8,660,746 1.1874 $102,838 +0.95%
2024-2025 $8,490,938 1.1997 $101,866 +2.03%
2023-2024 $8,324,450 1.1994 $99,843 +4.97%
2022-2023 $8,161,226 1.1655 $95,119 +1.16%
2021-2022 $8,001,203 1.1752 $94,030 -1.06%

Permits for 941 Towne Avenue, Los Angeles

The complete history of permits filed for 941 Towne Avenue, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
01/30/2026
01/27/2026
10/23/2024
05/30/2024
11/10/2023
10/29/2013
09/21/2010
09/20/2010
03/11/2010
01/22/2010
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 2,897
Median age 40.5
Average household income $123,792
Family households 24.6%
Occupied housing units 1,498
Owner occupied units 8.1%
Average number of people per household 1.75
Median year structure built 1938
Median value for units with a mortgage $1,071,700
Median value for units without a mortgage $0

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 941 Towne Avenue, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 941 Towne Avenue, Los Angeles

Here are the neighbors for 941 Towne Avenue, Los Angeles.

Address Square feet Purchase date Purchase price
952 Towne Ave, Los Angeles 6,224 03/18/2011
722 E 9th Pl, Los Angeles 10,000 01/31/2018
927 Stanford Ave, Los Angeles 9,600 04/12/2012 $21,500,000
939 Stanford Ave, Los Angeles 7,085
728 E 9th Pl, Los Angeles 4,960 06/14/2002
748 E 9th St, Los Angeles 13,037 08/27/2002
921 Stanford Ave, Los Angeles 12,000 04/12/2012 $21,500,000
942 Towne Ave, Los Angeles 17,010 03/18/2011
717 E 10th St, Los Angeles 5,773 05/30/2024
951 Crocker St, Los Angeles 17,198 06/29/2009
732 E 9th Pl, Los Angeles 5,173 08/27/2002
800 E 9th St, Los Angeles 11/29/2010 $1,510,015
935 Stanford Ave, Los Angeles 5,000 04/06/2018 $340,000
920 Towne Ave, Los Angeles 16,518
730 E 9th St, Los Angeles 9,718 03/22/2004
734 E 9th Pl, Los Angeles 6,552 06/21/2021 $1,300,000
915 Stanford Ave, Los Angeles 4,200 05/25/2007 $1,375,000
756 E 9th St, Los Angeles 4,246 04/13/2017
919 Towne Ave, Los Angeles 4,641 02/01/2008 $2,000,000
716 E 9th Pl, Los Angeles 4,610 01/06/2020

Nearby ZIP Codes for 941 Towne Avenue, Los Angeles

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