Multi Tenant Retail Space for Sale or Lease | 935-937 N Hill St
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Multi Tenant Retail Space for Sale or Lease 935-937 N Hill St
6,300 SF Vacant Retail Building Los Angeles, CA 90012 $3,899,999 ($619/SF)
Investment Highlights
- Completely Remodeled 2-Story Building Plus a Basement
- Directly Across From Chinatown Central Plaza
- Perfect for SBA 504 financing with 10% down
- Ground Floor Retail/Offices and Second Floor Creative Offices
- Prime Chinatown Location with Easy Access to all DTLA Freeways
Executive Summary
$100,000 price reduction!
Prime Chinatown purchase opportunity. Completely remodeled 2-story building with a basement. 2 ground floor retail units with one restroom each, plus second floor creative office space with 2 restrooms and a kitchen. 1,500 SF basement; 2,400 SF ground floor and 2,400 SF second floor. Potential for rooftop deck (buyer to verify). The property offers 60’ frontage on Hill Street. Located on the west side of North Hill Street, directly across from Chinatown Central Plaza. Just north of College Street, 1/4-mile west of Los Angeles State Historic Park. 2 blocks east of the Harbor (110) Freeway. Dodger Stadium and Elysian Park is located one-half mile to the north. Tier 4 TOC. Possible for redevelopment.
Prime Chinatown purchase opportunity. Completely remodeled 2-story building with a basement. 2 ground floor retail units with one restroom each, plus second floor creative office space with 2 restrooms and a kitchen. 1,500 SF basement; 2,400 SF ground floor and 2,400 SF second floor. Potential for rooftop deck (buyer to verify). The property offers 60’ frontage on Hill Street. Located on the west side of North Hill Street, directly across from Chinatown Central Plaza. Just north of College Street, 1/4-mile west of Los Angeles State Historic Park. 2 blocks east of the Harbor (110) Freeway. Dodger Stadium and Elysian Park is located one-half mile to the north. Tier 4 TOC. Possible for redevelopment.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
C
Year Built
1949
Price
$3,899,999
Price Per SF
$619
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.07
Lot Size
0.07 AC
Zoning
LA C2-2 - https://planning.lacity.org/odocument/eadcb225-a16b-4ce6-bc94-c915408c2b04/Zoning_Code_Summary.pdf
Frontage
60 FT on N Hill St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Recently renovated (2023) retail/ creative office space.
Second floor creative office available.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,400 SF | Office/Retail | - | Now |
| 2nd Floor | 2,400 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 2,400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 2,400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,400 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Recently renovated (2023) retail/ creative office space.
2nd Floor
| Size | 2,400 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Second floor creative office available.
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5414-005-006 | Improvements Assessment | $1,784,828 |
| Land Assessment | $1,003,965 | Total Assessment | $2,788,793 |
PROPERTY TAXES
Parcel Number
5414-005-006
Land Assessment
$1,003,965
Improvements Assessment
$1,784,828
Total Assessment
$2,788,793
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Multi Tenant Retail Space for Sale or Lease | 935-937 N Hill St
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