Log In/Sign Up
Your email has been sent.
216 S Spring 216 S Spring St 13,900 SF Office Building Los Angeles, CA 90012 $6,840,008 CAD ($492.09 CAD/SF)
INVESTMENT HIGHLIGHTS
- Owner/User or Multifamily Development Opportunity
EXECUTIVE SUMMARY
Cushman & Wakefield of California, Inc. as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 216 S Spring Street, Los Angeles, CA 90012 (the “Property”), a one-story, freestanding 13,900 square foot concrete building originally built in 1950. The Property includes a loading dock on Harlem Alley in the rear of the building.
The Property is conveniently located in the Bunker Hill submarket of Downtown Los Angeles just north of the Grand Central Market. The Property is within walking distance to the Civic Center/Grand Park Metro Station. The Property is also right next to several notable Downtown Los Angeles parks, including Pershing Square and Grand Park.
216 S. Spring also presents the unique opportunity to build 120 units that have been thoughtfully designed with the modern city dweller in mind. Located in close proximity to an abundance of amenities, public transit options and some of the most prominent employers in the City, this is a site that offers businesses and companies to own a uniquely sized property that can be easily retrofitted for a variety of uses.
The Property is conveniently located in the Bunker Hill submarket of Downtown Los Angeles just north of the Grand Central Market. The Property is within walking distance to the Civic Center/Grand Park Metro Station. The Property is also right next to several notable Downtown Los Angeles parks, including Pershing Square and Grand Park.
216 S. Spring also presents the unique opportunity to build 120 units that have been thoughtfully designed with the modern city dweller in mind. Located in close proximity to an abundance of amenities, public transit options and some of the most prominent employers in the City, this is a site that offers businesses and companies to own a uniquely sized property that can be easily retrofitted for a variety of uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
13,900 SF
Building Class
C
Year Built
1950
Price
$6,840,008 CAD
Price Per SF
$492.09 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,900 SF
Building FAR
1.09
Lot Size
0.29 AC
Zoning
C2-4D - Commercial
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 5149-007-005 | Improvements Assessment | $154,104 CAD |
| Land Assessment | $8,475,870 CAD | Total Assessment | $8,629,974 CAD |
PROPERTY TAXES
Parcel Number
5149-007-005
Land Assessment
$8,475,870 CAD
Improvements Assessment
$154,104 CAD
Total Assessment
$8,629,974 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
216 S Spring | 216 S Spring St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.