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Historic Brick Timber Construction For Sale

$8,900,000

646-654 N Spring Street, Los Angeles, CA 90012

Active
Last Updated: 10/31/2024

4.9

Cap Rate

514,393

NOI

Details:
Cap Rate:    4.9%
NOI:    $514,393
Pro Forma Cap Rate :    7.2%
Combined Building Size :    19,625 sqft
Lot Area:    13,772 sqft
Zoning:    C2 Commercial
CeilingHeight:    13
Description:

Custom: Historic brick timber construction. 13’-high ceilings / Steel framed doors and windows fabricated in Los Angeles

Location: Chinatown in Los Angeles offers a diverse culinary scene, ranging from David Chang’s acclaimed Majordomo to the innovative cocktails at Apothéke and the fiery flavors of Howlin’ Ray’s. Walking distance to Union Station and Metro Gold Line. Near perfect [94/100] walkscore. Close to Arts District, Silver Lake and Little Tokyo. Easy access to Sunset Blvd, and the 101 & 110 Freeways.

Convenience: Ample street parking and public parking lots available nearby

Security: Latch keyless entry with smart personalized access

Materials: Exposed wood ceilings and brick walls with marble kitchen countertops and bathrooms

Map:
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