1790-1796 N Spring St | Los Angeles, CA 90031
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1790-1796 N Spring St
Los Angeles, CA 90031
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3:1 FAR by right, and with bonus densities and it may be possible to get 5:1 FAR (Buyer to verify). Uses include: multifamily/mixed use, hybrid indus
- centrally located between, Highland Park, Chinatown, and DT Lincoln Heights. Walking distance to the LA Historic State Park, and Freeway close
- SIGNALIZED CORNER LOT - This property sits on a signalized corner lot for better management of ingress egress access.
- SEVERAL REDEVELOPMENT INCENTIVES - East LA State Enterprise zone, ELA Opportunity Zone, Tier 1 TOC and adaptive reuse incentive area.
- GENTRIFYING AREA W/ MANY DEVELOPMENTS UNDERWAY- There are several hundred units in development or in planning stages.
- POTENTIAL TO DEVELOP +/- 32,500 SF - The adjoining lot to the West +/- 17,125 SF lot may also be for sale with the same Urban Village zoning.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,589 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.36 AC
Zoning
CASP - Urban Village
Parking
12 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
115’ on N Spring St
AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 5447-026-001 | Improvements Assessment | $120,808 |
| Land Assessment | $105,150 | Total Assessment | $225,958 |
PROPERTY TAXES
Parcel Number
5447-026-001
Land Assessment
$105,150
Improvements Assessment
$120,808
Total Assessment
$225,958
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