615-672 N Spring St & 638-648 New High St Retail
  • Asking Price (Sale)
    $14.4MAsking Price (Sale)
  • Property Type
    RetailProperty Type
  • Acres
    1.88 acresAcres
  • Gross Leasable Area (SF)
    56,914 SFGross Leasable Area (SF)
  • City
    Los AngelesCity

Description

The Chinatown Commercial Portfolio brings together nine related properties in Los Angeles, with approximately 57,000 square feet of improvements across industrial, retail and parking uses. The combined land area is 1.88 acres. Kidder Mathews is marketing the portfolio.

The offering identifies zoning designations [DM2-G1-5], [CX2-FA] and [CPIO], with a range of potential uses that includes mixed-use residential development. Buyers should confirm the permitted uses and requirements for each parcel. The properties are approximately one mile northeast of downtown, near Union Station and Metro rail connections, with Little Tokyo and the Arts District nearby. Existing operations and the surrounding development activity provide context for evaluating a continued-use or redevelopment plan.

Offering Summary

  • Asking Price
    $14,350,000
  • Property Type
    Retail
  • Total Acres
    ~1.88 ac

Documents

Property Address

615-672 N Spring St & 638-648 New High St
Los Angeles, CA 90012

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    56,914 SF
  • Acres
    1.88
  • Zoning
    [DM2-G1-5] [CX2-FA] [CPIO]
  • APN
    5408-014-001, 5408-014-008, 5408-014-009, 5408-014-010, 5408-014-011, 5408-014-012, 5408-014-014, 5408-014-015 & 5408-014-019

Deal Team

Peter Beauchamp profile image

Peter Beauchamp

Kidder Mathews
CA RE Lic. 01151023
Nathan Thinnes profile image

Nathan Thinnes

Senior Vice President
Kidder Mathews
Darren Tappen profile image

Darren Tappen

Regional President
Kidder Mathews
AZ RE Lic. SA510719000