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First-Floor Office Space
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1231 N Spring St, Los Angeles, CA 90012

First-floor office space offered on a modified gross basis with rates starting at $2.50 PSF.

Space Size2,330 SF
Days on Market1638

Property Features for 1231 N Spring St

General Information

Standard status Active
Size 2,330 SF
Property subtype OFFICE
Lease Type Modified Gross

Space & Availability

Floor 1
Space Use Office

Site & Location

Neighborhood Chinatown

Spaces For Lease

at 1231 N Spring St
1231 N Spring St AVAILABLE, Now
Floor 3
Size 2,330 SF
Type OFFICE
Rate Contact for pricing
Lease Type MODIFIED_GROSS
Sublease No
3rd floor office space. Call broker for full marketing brochure.
Contact us
Listing Agency: Lee & Associates
Listed By: Ron Young · License #01009947
Source: Moodyscre
Added: May 6, 2022 Changed: Oct 25 Last Checked: Oct 28 at 6:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates

Rey
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Investment Insights

Based on property information with market context.

This offering consists of first-floor office space. The property is presented for lease with rates starting at $2.50 per square foot on a modified gross basis.

The suite is located at 1231 N Spring St in Los Angeles, CA 90012. Please call broker for the full marketing brochure for additional details and leasing terms.

Key Highlights

  • First‑floor office space
  • Rates starting at $2.50 PSF on a modified gross basis

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chinatown Station Light Rail Station process nite Community Center Dr. lyov M. ... Physician Food Access LA Charitable Organization Taco stand Restaurant

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,725
Businesses Nearby

Demographics for 90012, CA

33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Los Angeles, CA

$26.89 /SF/Yr
Avg Asking Price
$1.06–$95 /SF/Yr
Price Range
11,538 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - First-floor office space offered on a modified gross basis with rates starting at $2.50 PSF.
Where is this office unit located?
The property is located at 1231 N Spring St Los Angeles, CA.
What are key features of this property?
This property features: First‑floor office space; Rates starting at $2.50 PSF on a modified gross basis
(323) 767-2106 Call to check price and availability
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