Ground Floor Retail + 2nd Floor Offices | 935-937 N Hill St
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Ground Floor Retail + 2nd Floor Offices 935-937 N Hill St
6,300 SF Retail Building Los Angeles, CA 90012 $5,669,878 CAD ($900 CAD/SF)
Investment Highlights
- Completely Remodeled 2-Story Building Plus a Basement
- Directly Across From Chinatown Central Plaza
- Perfect for SBA 504 financing with 10% down
- Ground Floor Retail/Offices and Second Floor Creative Offices
- Prime Chinatown Location with Easy Access to all DTLA Freeways
Executive Summary
Prime Chinatown purchase opportunity. Completely remodeled 2-story building with a basement. 2 ground floor retail units with one restroom each, plus second floor creative office space with 2 restrooms and a kitchen. 1,500 SF basement; 2,400 SF ground floor and 2,400 SF second floor. Potential for rooftop deck (buyer to verify). The property offers 60’ frontage on Hill Street. Located on the west side of North Hill Street, directly across from Chinatown Central Plaza. Just north of College Street, 1/4-mile west of Los Angeles State Historic Park. 2 blocks east of the Harbor (110) Freeway. Dodger Stadium and Elysian Park is located one-half mile to the north. Tier 4 TOC. Possible for redevelopment.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
C
Year Built
1949
Price
$5,669,878 CAD
Price Per SF
$900 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.19
Land Acres
0.07 AC
Zoning
LA C2-2 - https://planning.lacity.org/odocument/eadcb225-a16b-4ce6-bc94-c915408c2b04/Zoning_Code_Summary.pdf
Frontage
60 ft on N Hill St
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5414-005-006 | Improvements Assessment | $2,502,936 CAD |
Land Assessment | $1,407,900 CAD | Total Assessment | $3,910,836 CAD |
PROPERTY TAXES
Parcel Number
5414-005-006
Land Assessment
$1,407,900 CAD
Improvements Assessment
$2,502,936 CAD
Total Assessment
$3,910,836 CAD
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Ground Floor Retail + 2nd Floor Offices | 935-937 N Hill St
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