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646-654 N Spring St

19,625 SF 44% Leased Office Building Los Angeles, CA 90012 $12,615,483 CAD ($643 CAD/SF) 6.21% Cap Rate

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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 .

646-654 N Spring St_Sale Setup

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Loft/Creative Space

Building Size

19,625 SF

Building Class

Year Built/Renovated

1918/2022

Price

$12,615,483 CAD

Price Per SF

$643 CAD

Cap Rate

6.21%

NOI

$783,346 CAD

Percent Leased

44%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

9,813 SF

Building FAR

1.41

Land Acres

0.32 AC

Zoning

LAC2 - Neighborhood Commercial

Parking

6 Spaces (0.31 Spaces per 1,000 SF Leased)

Amenities

24 Hour Access

Professional, Scientific, and Technical Services
99,999 SF
-
Lorem Ipsum
Jan 0000

Perkins + Will are a global collective of designers and changemakers. They aspire to create places where humanity thrives in harmony with nature. Their work is driven by curiosity, powered by research and technology, and fueled by grit and ingenuity. They strive to make a positive difference every day. To do the right thing. To seek out ways to be even better.

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type		Lease End
	Professional, Scientific, and Technical Services	99,999 SF	-	Lorem Ipsum		Jan 0000

Space Availability

1st Fl-Ste 654
3,945 SF
Office/Retail
Full Build-Out
Now

1/5

646-654 N Spring St, Los Angeles, CA for sale Interior Photo- Image 1 of 5 — Interior Photo

646-654 N Spring St, Los Angeles, CA for sale Interior Photo- Image 2 of 5 — Interior Photo

646-654 N Spring St, Los Angeles, CA for sale Interior Photo- Image 3 of 5 — Interior Photo

646-654 N Spring St, Los Angeles, CA for sale Interior Photo- Image 4 of 5 — Interior Photo

646-654 N Spring St, Los Angeles, CA for sale Floor Plan- Image 5 of 5 — Floor Plan

Contact brokers to show.

Space	Size	Space Use	Condition	Available
1st Fl-Ste 654	3,945 SF	Office/Retail	Full Build-Out	Now

Size

3,945 SF

Space Use

Office/Retail

Condition

Full Build-Out

Available

Now

1 of 5

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/5

1 of 1

Walk Score ®

Walker's Paradise (95)

Transit Score ®

Rider's Paradise (100)

Bike Score ®

Very Bikeable (70)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Elliot Schwartz
T.C. Macker, CCIM
Woody Cook

(818) 312-3120 x7982

Listing ID: 32122861
Date on Market: 2024-06-13
Last Updated:
Address: 646-654 N Spring St, Los Angeles, CA 90012

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