Listed by Colliers - Los Angeles - Downtown, California
Unpriced
633 S. Spring Street
Details
APN 5144-002-012
Property Type Land
Sub Type Commercial
Square Footage 105,841
Stories 28
Lot Size (SqFt) 9,307
Zoning C5-4D
Parking Spaces 71 spaces
Parking Per SqFt 0.67
Income Producing Parking Lot in Los Angeles’ Historic Core
Marketing description
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 redevelopment land totaling approximately 9,293 square feet.
Investment highlights
Income Producing Parking Lot
Hotel ADR and RevPAR stabilizing to pre-pandemic levels in DTLA CBD
Close to UCLA’s newest DTLA campus
Very busy parking lot for sale
Construction timeline opportunistic as market stabilizes to pre-pandemic levels
Centrally located in DTLA’s Historic Core’s best amenities and attractions
Listing Contacts
Listed by Colliers - Los Angeles - Downtown, California
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