715 New High St - Retail FOR SALE


Los Angeles, CA 90012- Chinatown
$5,750,000 USD
310-592-8269
715 New High St, Los Angeles, CA for Sale
$5,750,000 USD
Retail - FOR SALE
1/34
null | Request Cap Rate

Oct '26


715 New High St
Los Angeles, CA 90012
Chinatown


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.

OVERVIEW

Kidder Mathews is pleased to present 702-712 N Broadway and 711-727 N New High Street, a retail assemblage of two parcels totaling 27,733 square feet of land and 14,818 square feet of building, located in the historic core of Los Angeles' Chinatown, one block from Central Plaza, with frontage on both Broadway and New High Street. Five of the ten suites are occupied, three of those leases include contractual rent increases through 2029, and a second parcel is leased for parking. The property is likely to draw interest from several types of buyers: retail owners and operators who can lease up the vacant space, owner occupants who can use SBA financing to control the building directly, and developers or long term holders attracted to the zoning and the location within one of the most active growth areas in Metro Los Angeles. The property is being offered for sale or lease. Contact listing agents for more information.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Chinatown Multi-Tenant Retail For Sale/Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

CROSS STREETS

702 N Broadway

LAND ACRES

0.64 AC

LAND SF

27,731 SF

ZONING

[DM2-MK1-5][CX1-FA][CPIO]

APN/PARCEL ID

5408-022-003,5408-023-005

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

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Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.