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633 S Spring St
Los Angeles, CA 90014 Historic Downtown LA

Price Upon Request

Land For Sale  •  0.21 AC

Property Details

• Property Type Land
• Lot Size 0.21 AC
• Zoning LAC5

100 Transit Score

98 Walk Score

Description

Parking lot with heavy transient parking volume.  Currently leased to L&R parking at an under market rate.

Highlights

Income Producing Parking Lot

Hotel ADR and RevPAR stabilizing to pre-pandemic levels in DTLA CBD

Close Proximity to UCLA’s newest DTLA campus

Rare Fully Entitled for 170 Key Hotel or 105,841 SF of Commercial use

Construction timeline opportunistic as market stabilizes to pre-pandemic levels

Centrally located in DTLA’s Historic Core’s best amenities and attractions

Property Flyers

633 S. Spring St.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	4 min	-	1.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	1.7 mi
Transit/Subway	Drive	Walk	Distance
Pershing Square Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	10 min	0.5 mi
Historic Broadway Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles)	1 min	12 min	0.6 mi
Grand Ave Arts / Bunker Hill Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles)	2 min	17 min	0.9 mi
Civic Center/Grand Park (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	25 min	-	15.1 mi
Bob Hope	25 min	-	17.8 mi
Long Beach (Daugherty Field)	31 min	-	22.4 mi