BANKRUPTCY SALE: JUNE 24, 2026 3625 W 6th St 27,500 SF Office Building Los Angeles, CA 90020 For Sale

BANKRUPTCY SALE: JUNE 24, 2026. This two-story office building, currently operating as the Hyundae Health Center Korean Spa, presents a unique value-add opportunity in the heart of Koreatown. The property features a passenger elevator and a gated parking lot accommodating approximately 70 vehicles. Ideally situated on a high-visibility, signalized corner with traffic counts of ±25,176 vehicles per day (2025), the site is located one block west of Normandie Avenue and one block north of Wilshire Boulevard, providing excellent access to the 101, I-10, and 110 freeways. Zoned LAC2-1 and designated as TOC Tier 4, the property offers strong redevelopment potential and is located within a Qualified Opportunity Zone, providing potential tax advantages.
Interested parties can overbid via Zoom in Bankruptcy Court at 10:00 a.m. on 6/24/26. Any initial bid must be no less than $7,000,000 with increments thereafter of no less than $10,000. Any overbidders must be pre-qualified by Trustee in his sole discretion. At least 3 business days prior to the hearing, overbidders must deliver:
1. Cashier’s check in amount of $208,500 payable to Jason M. Rund, Chapter 7 Trustee;
2. Evidence of ability to close escrow unconditionally (e.g., current bank statement, unconditional loan commitment) acceptable to Trustee in Trustee’s sole discretion;
3. Execute an affirmation of your agreement to be bound by each of the terms of the current Purchase Agreement and waive all contingencies.
You must contact the listing agent for a copy of the Affirmation Agreement and Chapter 7 Trustee’s Motion for Entry of Order Approving Sale of Real Property.