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715 New High St
Los Angeles, CA 90012 Chinatown

$5,750,000 USD

General Retail For Sale • 14,818 SF

Property Details

Property Type General Retail
Total Building Size 14,818 SF
Lot Size 0.64 AC
Building Class C
Year Built 1926
Tenancy Multiple
Zoning [DM2-MK1-5][CX1-FA][CPIO]

100 Transit Score

80 Walk Score

                
                    Highlights
                
                                The property has frontage on two streets, Broadway and New High Street,  along with parking behind the building on the second parcel.
                            
                                A buyer occupying 35% or more of the 14,818 square foot building may  qualify for SBA 504 or 7(a) financing, generally available at 85% to 90% LTV.
                            
                                Downtown Community Plan zoning, with eligibility for the ED1 affordable housing program and the Downtown Adaptive Reuse Program.
                            
                                Transit Priority Area and Housing Element designations. No minimum parking is required under AB 2097.
                            
                                One block from Central Plaza, Chinatown's historic retail and dining hub, in  one of the most heavily trafficked pockets of the neighborhood.
                            
                                In a submarket where roughly 830 residential units have been delivered or are under construction, with another 986 units proposed along Broadway.

Property Flyers

702-712 N Broadway 711-727 New High St_OM (005)

Major Tenants

Tenant	SF Occupied	Lease End Date
Kaico Inc
Nam Hea Fish Market Inc
Namhoa Fish Market
New High Ginseng Herbs & Tea Co Inc
Velveteria

Amenities

Bus Line

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	2 min	7 min	0.4 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	2 min	11 min	0.6 mi
Transit/Subway	Drive	Walk	Distance
Chinatown Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	0 min	6 min	0.3 mi
Union Station (Gold 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))	3 min	11 min	0.6 mi
Civic Center/Grand Park (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	11 min	0.6 mi
Historic Broadway Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles)	1 min	15 min	0.8 mi
Little Tokyo-Arts District (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	15.9 mi
Los Angeles International	27 min	-	16.2 mi
Long Beach (Daugherty Field)	32 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes

Darin Spillman 310-592-8269 Kidder Mathews

715 New High St Los Angeles, CA 90012 Chinatown