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119-123 S Western Ave

4,000 SF Vacant Retail Building Los Angeles, CA 90004 $2,000,000 ($500/SF)

Investment Highlights

  • Well located in the densely populated Koreatown neighborhood of Los Angeles
  • High traffic retail corridor along Western Avenue - 39,545 VPD
  • Existing restaurant improvements
  • Owner-user or value-add investor opportunity - 33% occupied
  • Currently divided into 3 equal sized units
  • Gated parking behind the building accessed through alley

Executive Summary

Koreatown Storefront retail building available for sale in high traffic retail corridor along Western Avenue.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1920
Price
$2,000,000
Price Per SF
$500
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Land Acres
0.14 AC
Zoning
C2-1 - Store - One Story
Parking
7 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
49 FT on South Western Avenue

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 121
  • 1,333 SF
  • Office/Retail
  • -
  • Now
  • 123
  • 1,333 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
121 1,333 SF Office/Retail - Now
123 1,333 SF Office/Retail - Now

121

Size
1,333 SF
Space Use
Office/Retail
Position
-
Available
Now

123

Size
1,333 SF
Space Use
Office/Retail
Position
-
Available
Now
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of Hope
CrossFit
Cracker Barrel Old Country Store
Coffee Bean & Tea Leaf
Ymca
Chase Bank
Bank of America
Peet's Coffee
U.S. Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5517-002-006
Land Assessment
$596,365
Improvements Assessment
$110,745
Total Assessment
$707,110
  • Listing ID: 33844656

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 119-123 S Western Ave, Los Angeles, CA 90004

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