119-123 S Western Ave
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5517-002-006 | Improvements Assessment | $110,745 |
Land Assessment | $596,365 | Total Assessment | $707,110 |
PROPERTY TAXES
Parcel Number
5517-002-006
Land Assessment
$596,365
Improvements Assessment
$110,745
Total Assessment
$707,110
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119-123 S Western Ave
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