This two-story mixed-use retail property offers a unique investment opportunity in the vibrant Koreatown district of Los Angeles. Spanning 5,473 square feet on a 0.09-acre lot, the building is currently 30% leased, providing immediate income with upside potential through additional leasing or repositioning. The property features multiple storefronts with 110 feet of frontage along Beverly Boulevard, ensuring strong visibility in a high-traffic corridor.
Located in an Opportunity Zone, this asset offers potential tax advantages for investors seeking long-term capital gains benefits. The site is zoned LAC2, allowing for a range of commercial uses, and benefits from proximity to major transit options, including the Metro Red Line and multiple bus routes. The property is surrounded by a dense residential population and a thriving mix of retail, dining, and entertainment venues, making it well-positioned for sustained demand.
With its central location just minutes from Downtown Los Angeles and easy access to major freeways, this property represents a compelling opportunity for investors looking to capitalize on one of the city’s most dynamic neighborhoods.