Marcus & Millichap is pleased to present an exceptional investment opportunity for the sale of a 35,904-square-foot office building, located on a 0.78-acre corner lot at 2727 W 6th Street, in the vibrant heart of Koreatown, Los Angeles, California.
This property is an ideal option for an owner-user seeking to establish a presence in one of Los Angeles’ most dynamic and culturally rich neighborhoods. The two-story office building offers both surface-level and subterranean parking, providing a professional environment suited for employees, clients, and visitors alike. Additionally, the property is well-suited for a religious institution or place of worship.
With excellent access to public transportation, this location benefits from a robust transit network, including multiple bus and Metrolink Rail stations within 750 feet. The property is classified as a Tier 3 (High) Major Transit Stop, ensuring easy access for both residents and visitors. Furthermore, the proximity to major freeways—Interstate 10, 110, and Highway 101—makes this an incredibly accessible location for any business or organization.
Koreatown’s rapid growth and trendy appeal are making it one of the most sought-after neighborhoods in Los Angeles. According to Tripalink’s Ultimate Renter’s Guide for 2024, Koreatown is ranked as the #1 most breathtaking neighborhood, thanks to its unique blend of cultural vibrancy and strong growth potential. The area’s continued development presents an exciting opportunity for developers to acquire this asset and potentially redevelop it into high-density residential units. The property is zoned C2-2, allowing for such redevelopment.
Priced at an attractive $294 per square foot, this property presents an excellent opportunity for both owner-users and developers to acquire and transform the space into a highly valuable asset.