115 N Western Ave - Storefront FOR SALE


Los Angeles, CA 90004- Koreatown
$2,090,000 USD
213-503-8070
115 N Western Ave, Los Angeles, CA for Sale
$2,090,000 USD
Storefront - FOR SALE
1/15
null | Request Cap Rate

NEW


115 N Western Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • C2 zoning – flexible development options; mixed-use or residential redevelopment potential to build 30 residential units
  • Rare opportunity in one of LA’s most active corridors; prime K-Town location – heavy foot & vehicle traffic on Western Ave
  • Plenty of street parking surrounding the block

OVERVIEW

Proudly presenting 115 N Western Ave, an excellent opportunity to acquire a prime retail property in the heart of Koreatown along high-traffic Western Avenue. This property sits on an approximately 7,957 SF lot with an existing 5,160 SF building zoned C2, offering strong upside for investors and developers. Enticing potential to develop approximately 30 residential units or pursue a mixed-use project featuring ground-floor commercial with residential units above (buyer to verify with LA City). Ideal for restaurant, retail, or owner-user, or to hold as an income property while planning a larger redevelopment.

FOR SALE DETAILS

PRICE

$2,090,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,957 SF

ZONING

LAC2

APN/PARCEL ID

5517-003-004

ASK ABOUT THIS PROPERTY

Mi Jeong Stella KimMi Jeong KimMore Info
213-503-8070

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Mi Jeong Stella KimMi Jeong KimMore Info
213-503-8070

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