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646-654 N Spring St 19,625 sq ft 44% Let Office Property Los Angeles, CA 90012 £6,607,093 (£336.67/sq ft) 6.21% Net Initial Yield

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EXECUTIVE SUMMARY

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] walk score. Close to Arts District, Silver Lake and Little Tokyo. Easy access to Sunset Blvd, and the 101 & 110 Freeways .

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Studio / Creative Space
Property Size
19,625 sq ft
Costar Property Class
B
Year Built/Renovated
1918/2022
Price
£6,607,093
Price per sq ft
£336.67
Yield
6.21%
NOI
£410,261
Occupancy Rate
44%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
9,813 sq ft
Plot ratio
1.41
Total Plot Size
0.32 ac
Use Class
LAC2 - Neighborhood Commercial
Parking
6 Spaces (0.31 Spaces per 1,000 sq ft Leased)

AMENITIES

  • 24 Hour Access

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Since 1935, Perkins&Will believed that design has the power to make the world a better, more beautiful place. That’s why clients and community members on nearly every continent partner with them to design healthy, happy places in which to live, learn, work, play, and heal. They’re passionate about Living Design, a philosophy that guides their work and emphasizes poetics and beauty; conceptual clarity; research and innovation; technology and tectonics; community and inclusion; resilience and regeneration; and health and well-being.

TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 654
  • 3,945 sq ft
  • Office / Retail
  • Full Fit-Out
  • Now

Contact brokers to show.

Space Size Space Use Condition Available
1st Fl-Ste 654 3,945 sq ft Office / Retail Full Fit-Out Now

1st Fl-Ste 654

Size
3,945 sq ft
Space Use
Office / Retail
Condition
Full Fit-Out
Available
Now

1st Fl-Ste 654

Size 3,945 sq ft
Space Use Office / Retail
Condition Full Fit-Out
Available Now

Contact brokers to show.

Walk Score®
Excellent pedestrian access (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Good for cycling (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5408-013-034
Land Assessment
£2,088,475
Improvements Assessment
£2,088,475
Total Assessment
£4,176,949
  • Listing ID: 32122861

  • Date on Market: 13/06/2024

  • Last Updated:

  • Address: 646-654 N Spring St, Los Angeles, CA 90012

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