2411 Exposition Place, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 1 bath
Loading property details...
Los Angeles, California 90018
This Iconic Bow Truss Warehouse represents a premier Industrial-to-Residential Conversion asset, listed at $1,399,000—positioned near its $1,271,273 Fair Market Value. Currently holding a Condition Score of 5, this 1947 brick shell requires a total gut renovation but offers immense Value-Add potential through its LARD1.5 Zoning, which supports a primary residence plus two ADUs. Located in the high-demand West Adams corridor near USC, the property’s architectural character provides a rare creative canvas for a high-impact project. This strategic acquisition is ideal for Real Estate Developers or Owner-Users seeking a unique live/work legacy property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2411 Exposition Place Subject | $1,399,000* List Price | 0 | 1 | 2,400 | $530 | - |
A 3786 Dublin Active | $1,149,000 List Price | 0 | 0 | 2,120 | $542 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a 1947 industrial warehouse currently being marketed as a residential shell. It lacks essential residential components including a functional kitchen, finished flooring, and modern HVAC systems. The interior consists of raw concrete floors with visible cracking and a single, basic bathroom. While the bow truss ceiling is a significant architectural feature, the building requires a complete gut renovation and total conversion to be habitable as a single-family residence.
The property features an iconic bow truss ceiling and classic brick warehouse construction, offering a unique and highly sought-after aesthetic for creative live/work conversions.
With LARD1.5 zoning and legal non-conforming status, the site supports diverse uses ranging from light manufacturing to residential redevelopment, including the potential for a primary home and two ADUs.
Centrally located near USC, Leimert Park, and West Adams, the property is positioned in a high-demand area with excellent accessibility to emerging cultural and commercial hubs.
The legal non-conforming status and down-zoning from commercial to residential may complicate traditional financing options and require specialized navigation of building permits.
Currently configured as a warehouse with only one bathroom, the property requires substantial capital investment to upgrade infrastructure and amenities for modern residential or commercial occupancy.
The world is your oyster and here is your shell. Legal non-conforming brick warehouse in a residential neighborhood. Down zoned from Commercial to LARD1.5 with light manufacturing use. Endless possibilities in this brick building with an iconic bow truss ceiling. Use as a SFR, work/live space, tear down and build a home and 2 ADU's or use for light manufacturing. Light manufacturing involves producing consumer-oriented goods with lower energy consumption, smaller footprints and less raw material intensity compared to heavy industry. Key types include food/beverage processing, textiles, electronics assembly, furniture making, printing, and small-scale metalworking, often focusing on assembly and finishing. Combine all these possibilities along with the expansive rear space and you have an anomaly not to be missed. Centrally located to USC, Leimert Park and West Adams.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 2,400 | 1,542 | 82% |
| Lot Size | 4,528 | 5,800 | 18% |
| Price | $1.40M | $875.0K | 86% |
| Price per sq ft | $583 | $594 | 49% |
| Built year | 1947 | 1914 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 181 | 8% |
Feb 10, 2026
$1,399,000
Initial Listing
Apr 8, 2016
$420,000
Public Record