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Chinatown Commercial Portfolio 7 Properties Offered at £10,792,720 in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • Rare 1.88-acre assemblage in historic Chinatown
  • Located within Los Angeles State Enterprise Zone
  • Includes historic theater, retail, industrial, and parking assets
  • Zoned for mixed-use residential and commercial redevelopment
  • Walkable to Union Station, Metro, and DTLA core
  • Surrounded by major multifamily and office developments

EXECUTIVE SUMMARY

*Receivership Sale* Kidder Mathews presents a rare opportunity to acquire a 1.88-acre commercial portfolio in the vibrant Chinatown neighborhood of Los Angeles. Comprising nine contiguous parcels with seven buildings and multiple parking lots, offering ±56,914 square feet of improvements across retail, industrial, residential, and specialty-use assets. Zoned for mixed-use development (DM2-G1-5, CX2-FA, CPIO), this covered land play is ideally positioned for transformative redevelopment in one of LA’s most culturally rich and rapidly evolving districts.
Located just one mile northeast of Downtown Los Angeles, the portfolio benefits from proximity to Union Station, Metro Light Rail, and walkable access to Little Tokyo, the Arts District, and Civic Center. The area is undergoing a renaissance, with thousands of new housing units and jobs projected under the DTLA 2040 Plan. Surrounding developments include multifamily, office, and retail projects, reinforcing the site’s potential for high-density urban infill.
The portfolio includes a mix of multi-tenant retail, single-tenant industrial, and a historic theater, with several parcels offering surface parking. The site’s inclusion in the Los Angeles State Enterprise Zone provides potential tax incentives for redevelopment. With strong visibility along Spring Street and New High Street, and adjacency to major thoroughfares like Cesar Chavez Avenue and Broadway, this assemblage is primed for a visionary investor or developer seeking scale, flexibility, and location.

PROPERTY FACTS

Price £10,792,720
Price psf £153.64 / sq ft
Sale Conditions
Distress Sale
  • Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Property Size 70,245 sq ft
Total Land Area 1.81 ac

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
618 New High St, Los Angeles, CA 90012 Build-to-Rent 19,610 sq ft 1908 -
649 N Spring St, Los Angeles, CA 90012 Leisure 12,544 sq ft 1890 -
643-647 N Spring St, Los Angeles, CA 90012 Retail 14,760 sq ft 1914 -
665 N Spring St, Los Angeles, CA 90012 Retail 6,579 sq ft 1958 -
633 N Spring St, Los Angeles, CA 90012 Retail 5,896 sq ft 1980 -
648 New High St, Los Angeles, CA 90012 Retail 5,676 sq ft 1990 -
675 N Spring St, Los Angeles, CA 90012 Retail 5,180 sq ft 1966 -
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  • Listing ID: 37547833

  • Date on Market: 04/09/2025

  • Last Updated:

  • Address: Chinatown Commercial Portfolio, Los Angeles, CA

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