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620 S Union Ave 61,321 SF Retail Building Los Angeles, CA 90017 For Sale
INVESTMENT HIGHLIGHTS
- High end spa improvements
- Desirable City West Location
- Ample on-site covered parking
- Located between major thoroughfares of Wilshire Blvd and 6th Street
EXECUTIVE SUMMARY
Kidder Mathews and GAIA are pleased to present 620 S Union Ave, an amazing opportunity to acquire a core asset with a strategic location, and future development potential. It is an investor's or user's dream opportunity to enter one of the most vibrant markets in the country. The building will likely be an ideal situation for the right user with the excellent existing spa infrastructure, onsite parking, solid condition and central location. Additionally, the possibility of future residential conversion and vertical development will be an added investment incentive for buyers.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
61,321 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.33
Lot Size
1.06 AC
Zoning
C4(CW)-U/4.5
Parking
173 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pool
- Storage Space
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5142-028-014 | Improvements Assessment | $64,446 |
| Land Assessment | $245,148 | Total Assessment | $309,594 |
PROPERTY TAXES
Parcel Number
5142-028-014
Land Assessment
$245,148
Improvements Assessment
$64,446
Total Assessment
$309,594
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620 S Union Ave
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