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Chinatown Commercial Portfolio 7 Properties Offered at $14,350,000 in Los Angeles, CA
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.
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 | $14,350,000 | Number of Properties | 7 |
| Price / SF | $204.29 / SF | Individually For Sale | 0 |
| Sale Conditions | Total Building Size | 70,245 SF | |
| Sale Type | Investment | Total Land Area | 1.81 AC |
| Status | Active |
| Price | $14,350,000 |
| Price / SF | $204.29 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 70,245 SF |
| 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 | Multifamily | 19,610 SF | 1908 | - |
| 643-647 N Spring St, Los Angeles, CA 90012 | Retail | 14,760 SF | 1914 | - |
| 665 N Spring St, Los Angeles, CA 90012 | Retail | 6,579 SF | 1958 | - |
| 633 N Spring St, Los Angeles, CA 90012 | Retail | 5,896 SF | 1980 | - |
| 648 New High St, Los Angeles, CA 90012 | Retail | 5,676 SF | 1990 | - |
| 675 N Spring St, Los Angeles, CA 90012 | Retail | 5,180 SF | 1966 | - |
| 649 N Spring St, Los Angeles, CA 90012 | Sports & Entertainment | 12,544 SF | 1890 | - |
CONTACTS
-
John Anthony -
Chris Steck -
Peter Beauchamp -
Nathan Thinnes -
Darren Tappen -
Kidder Mathews
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