Detail

Updated on July 19, 2022 at 11:15 pm

  • Land Area: 30,160 sq ft
  • Property Size: 22,419 sq ft
  • Price: $7,950,000
  • Year Built: 1914

Description

• Price reduced!
• Prime DTLA purchase opportunity
• Mixed-use/residential development site
• 13,380± SF 3-story building is occupied by Midtown Spa; 9,039± SF 1-story building is used for interior parking; additional 3 parcels are parking lots (one is noncontiguous).
• Located at the southwest corner of East 6th St and Kohler St
• Situated 2 blocks west of the DTLA Arts District, and adjacent to the Flower and Fashion Districts
• There is a potential alley vacation that would add 2,340± SF of land to the portfolio. If Seller obtains the alley, the sale price would be increased by $571,000.
• TOC: Tier 3
• Located in State Enterprise Zone; Greater Downtown Housing Incentive Area; and Los Angeles Redevelopment Project Area • Located in Designated Qualified Opportunity Zone (tax benefits)
• Proposed DTLA 2040 Community Plan: Markets
906-910-920 E 6th St, 615 Kohler St and the noncontiguous parking lot will benefit from the proposed DTLA 2040 Community Plan, which will will allow for long-term upside due to a significant emphasis on community growth and development. The proposed DTLA 2040 Plan will increase jobs, housing, transportation, open space, and amenities, adding 125,000 new residents, 70,000 new housing units, and 55,000 new jobs.
• Portfolio will be delivered vacant

Property Documents

  • Marketing Package for 906-920 E 6th St & 615 Kohler St
  • Address: 906 E 6th St 910 E 6th St 920 E 6th St 615 Kohler St
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90021
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Jeff Luster
Jeff Luster
213.747.4152213.804.3013
Rene Mexia
Rene Mexia
213.747.4155213.446.2286
Linkedin

Inquire about this property

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