112 Penn Street

Discover 112 Penn Street, a two-story, 5,600-square-foot creative office building in El Segundo’s dynamic Smoky Hollow District. Built in 1965 and offered fee simple, this fully vacant asset provides an owner-occupant or investor the rare opportunity to secure a stand-alone property in one of Southern California’s tightest markets. With M-1 zoning and a compact 0.13-acre site, the building’s configuration easily accommodates a range of users from design studios and showrooms to light manufacturing and R&D operations.

Key physical features include over-height ceilings in excess of 14 feet, a dedicated loading dock with truck court, and surface parking for 10 vehicles (1.79 stalls per 1,000 square feet). The floor plates deliver efficient circulation for creative build-outs, while the single-tenant layout simplifies operations and lease-up strategies. With immediate street frontage on Penn Street and proximity to major thoroughfares, the property promises seamless logistics and on-site access for staff and clients.

Offered at $4,396,000—approximately $785 per square foot—112 Penn Street presents a compelling value proposition in a submarket defined by limited supply and strong rent growth. Investors will appreciate the vacant‐possession basis, which allows for lease-up at current market rates, while owner-users can capitalize on the building’s turnkey status and future upside through targeted renovations. Positioned among aerospace, tech, and creative industries, this property delivers both stability and upside in El Segundo’s premier innovation hub.