115 N Western Ave - Storefront FOR SALE


Los Angeles, CA 90004- Koreatown
$1,550,000 USD
626-888-2995
115 N Western Ave, Los Angeles, CA for Sale
$1,550,000 USD
Storefront - FOR SALE
1/48
null | Request Cap Rate

NEW


115 N Western Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • Located in the heart of Koreatown.
  • 60 feet of frontage directly on Western Avenue.
  • Wide range of uses: restaurant, retail, medical, fitness, professional office, or creative showroom.
  • 5,160 square feet of ground-floor retail space on a 7,957 SF lot.

OVERVIEW

Located in the heart of Koreatown, 115 N Western Avenue presents a well-positioned opportunity to acquire a retail building on one of Los Angeles' most consistently active commercial corridors. Western Avenue is the kind of street that sustains businesses across generations — dense, walkable, and anchored by a loyal consumer base that keeps foot traffic strong seven days a week. The building offers 5,160 square feet of ground-floor retail space on a 7,957 SF lot with 60 feet of frontage directly on Western Avenue. The floor plan and frontage lend themselves naturally to a wide range of uses — restaurant, retail, medical, fitness, professional office, or creative showroom — giving an owner-user the flexibility to build the right concept for the space, or an investor the ability to attract a broad pool of prospective tenants. Zoned LAC2, the property supports both near-term operational use and longer-term planning. For those thinking beyond the immediate term, the lot size and zoning present a meaningful opportunity to explore a mixed-use or ground-floor commercial with residential above (buyer to verify with LA City Planning). In a market where new retail development has been minimal for years, well-located and well-zoned sites on established corridors like this one are genuinely difficult to find. Koreatown continues to draw strong interest from owner-users, local operators, and investors who recognize the submarket's depth and durability. 115 N Western Avenue is a straightforward opportunity to participate in one of Los Angeles' most established urban commercial corridors. VIEW FULL MARKETING PACKAGE: https://atlasgrouprealty.com/commercial/115-north-western-avenue

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,960 SF

ZONING

LAC2

APN/PARCEL ID

5517-003-004

ASK ABOUT THIS PROPERTY

Donald LaATLAS GROUP - EXP REALTYMore Info
626-888-2995

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Donald LaATLAS GROUP - EXP REALTYMore Info
626-888-2995

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