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$ 6,900,000
Est. payment /mo
Active
3625 W 6th ST Los Angeles, CA 90020
0.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26673971
HOA Y/N No
Year Built 1955
Lot Size 0.774 Acres
Property Description
THE SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID. This two-story office building, currently operating as the Hyundae Health Center Korean Spa, is being offered as a bankruptcy sale and presents a unique value-add opportunity in the heart of Koreatown. The property features a passenger elevator and a gated parking lot accommodating approximately 70 vehicles. Ideally situated on a high-visibility, signalized corner with traffic counts of 25,176 vehicles per day (2025), the site is located one block west of Normandie Avenue and one block north of Wilshire Boulevard, providing excellent access to the 101, I-10, and 110 freeways. Zoned LAC2-1 and designated as TOC Tier 4, the property offers strong redevelopment potential and is located within a Qualified Opportunity Zone, providing potential tax advantages. The sale is subject to bankruptcy court approval and overbid, and the property will be sold "as-is." PROPERTY SHALL BE DELIVERED VACANT AT CLOSE OF ESCROW.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 70
Others
Tax ID 5502017021
Listed by Bill Friedman Coldwell Banker Realty #00672015
NEARBY SCHOOL & BUSINESS