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646-654 N Spring St 19,625 SF 44% Leased Office Building Los Angeles, CA 90012 $8,900,000 ($453.50/SF) 6.21% Cap Rate
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 .
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 User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,625 SF
Building Class
B
Year Built/Renovated
1918/2022
Price
$8,900,000
Price Per SF
$453.50
Cap Rate
6.21%
NOI
$552,637
Percent Leased
44%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,813 SF
Building FAR
1.41
Lot Size
0.32 AC
Zoning
LAC2 - Neighborhood Commercial
Parking
6 Spaces (0.31 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Perkins&Will began in 1935 when Lawrence Perkins and Philip Will Jr. established an architecture firm in Chicago. The company grew from a small local practice into a global design leader with offices worldwide. They provide services across multiple sectors including natural resources, education, science and technology, and civic buildings. The firm remains dedicated to its founding principle of honoring humanity through design.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Contact brokers to show.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 654 | 3,945 SF | Office/Retail | Full Build-Out | Now |
1st Fl-Ste 654
| Size |
| 3,945 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 654
| Size | 3,945 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Contact brokers to show.
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 5408-013-034 | Improvements Assessment | $2,813,253 |
| Land Assessment | $2,813,253 | Total Assessment | $5,626,506 |
Property Taxes
Parcel Number
5408-013-034
Land Assessment
$2,813,253
Improvements Assessment
$2,813,253
Total Assessment
$5,626,506
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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646-654 N Spring St
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