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633 S Spring St 0.21 Acres of Commercial Land in Los Angeles, CA 90014
INVESTMENT HIGHLIGHTS
- Income Producing Parking Lot
- Close Proximity to UCLA’s newest DTLA campus
- Construction timeline opportunistic as market stabilizes to pre-pandemic levels
- Hotel ADR and RevPAR stabilizing to pre-pandemic levels in DTLA CBD
- Rare Fully Entitled for 170 Key Hotel or 105,841 SF of Commercial use
- Centrally located in DTLA’s Historic Core’s best amenities and attractions
EXECUTIVE SUMMARY
Colliers is pleased to present, for sale, the property commonly known as 633 South Spring Street in the Downtown Los Angeles (DTLA)
neighborhood of The Historic Core. Retained by the seller as exclusive advisors, Colliers is offering a rare opportunity to acquire an income
producing parking lot site.
neighborhood of The Historic Core. Retained by the seller as exclusive advisors, Colliers is offering a rare opportunity to acquire an income
producing parking lot site.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Parking Lot |
| Property Type | Land | Total Lot Size | 0.21 AC |
| Zoning | LAC5 - Heavy Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.21 AC |
| Zoning | LAC5 - Heavy Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 0.21 AC |
| Lot Size | 0.21 AC |
Income producing parking lot in DTLA.
DESCRIPTION
Parking lot with heavy transient parking volume. Currently leased to L&R parking at an under market rate.
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 5144-002-012 | Improvements Assessment | $25,927 CAD (2025) |
| Land Assessment | $7,407,913 CAD (2025) | Total Assessment | $7,433,840 CAD (2025) |
PROPERTY TAXES
Parcel Number
5144-002-012
Land Assessment
$7,407,913 CAD (2025)
Improvements Assessment
$25,927 CAD (2025)
Total Assessment
$7,433,840 CAD (2025)
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633 S Spring St
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