Bankruptcy sale. Sold at $7.5 million.
Two stories. Koreatown. Corner of 6th and Ardmore.
At a glance
confirmed
initial ask
sold over ask
on 27,500 SF RBA
on 33,729 SF lot
masonry, 2-story
office 63.6% · retail 36.4%
0.77 acres · 225' × 150'
Opportunity Zone
above ULA threshold
sale date Jul 13, 2026
Buyer: Insite Development (recorded as RSJ I LLC)
What matters
- $7.5 million on July 13. Confirmed.The ask on CoStar is $7 million. That was the court overbid floor. They came in $500,000 over the floor. The listing broker says more than 10 offers. It got bid up. 102 days on market.
- 27,500 SF. $273 a foot.1955. Two stories. Koreatown. Corner of 6th and Ardmore. 33,729 SF of land. $222 a foot on the dirt. The brochure said vacant at close. Sale condition is high vacancy and bankruptcy.
- The buyer is Insite Development.New York. Recorded as RSJ I LLC. Steve Eglash. The seller on CoStar is Charles Y and Christine K Yeh. They held it more than 20 years. The court file is the Chapter 7 estate of Yoon Hee Yeh. Jeff Luster and Rene Mexia at Major Properties listed it with Bill Friedman at Coldwell Banker.
- CoStar says do not use this as a comp.Non-arms-length. Quit claim. Bankruptcy. No GRM. No cap. No NOI. Assessed value at sale was $1,995,950. They paid about 3.8 times the assessment. Sold over the $5 million ULA line in the City of Los Angeles. I do not have who paid what.
The Location
3625 W 6th St sits in the heart of Koreatown, two blocks west of Western Ave and roughly equidistant from the Wilshire/Western and Wilshire/Normandie Metro B Line stations. This is one of the densest and most transit-served corridors in Los Angeles.
CoStar's estimated rent range of $26 to $32 per SF.
The Setup
The building is a 2-story structure built in 1955. It totals 27,500 SF: 17,500 SF of office (63.6%) and 10,000 SF of retail (36.4%).
What an Operator Sees
Three things stand out for any operator reviewing this transaction:
The 70 parking spaces on a 33,729 SF lot in Koreatown is a great part of the value.
The land is also large putting land value around 6M in my books.
Tracking that we see a Bankruptcy sale.
Bid up to $7.5 million.
I don't have the income.
I don't have a clean vacancy number.
I'm keeping the auction and the CoStar flag.
I research these transactions to sharpen my own investment strategy and share what I find so Los Angeles owners, brokers and investors can debate the market with better information.
Know one other LA owner who'd want this deal? Forward this — reply with their email and I'll add them.
Property and transaction data: CoStar Research.
Write to David Safai at David@AtlasBrief.La
Appeared in the Sept. 6, 2026 edition of The Tape.