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119-123 S Western Ave 4,000 SF 67% Leased Retail Building Los Angeles, CA 90004 $2,038,500 CAD ($509.62 CAD/SF)

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Investment Highlights

  • Great Opportunity to own a retail building in Prime Koreatown
  • Plenty of street parking spaces available
  • Located at high traffic business area on Western Ave
  • Ideal building for retail and office use

Executive Summary

Huge Price Reduction. Motivated Seller. Excellent Opportunity to own a 3-unit commercial retail property in prime Koreatown.
The property consists of a 4,000 SF building occupied by the owner (approximately 2,667 SF) and the Pizza Restaurant (approximately 1,333 SF). An owner-user may occupy up to 4,000 SF. The side alley serves as a driveway to a gated and secured parking lot with an electric gate for 6+ parking spaces.
Plenty of 1-hour street parking in front of the property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,000 SF
Building Class
C
Year Built
1920
Price
$2,038,500 CAD
Price Per SF
$509.62 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.14 AC
Zoning
C2-1 - Store - One Story
Parking
7 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
49’ on South Western Avenue

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • 999 Pizza
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
999 Pizza Retailer 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 119
  • 1,333 SF
  • Restaurant
  • In-Line
  • Now

Turnkey restaurant leasing opportunity located along South Western Avenue in the heart of Koreatown, Los Angeles. The space is fully built out with existing commercial kitchen infrastructure, allowing an incoming operator to minimize upfront capital expenditures and accelerate opening timelines. The property benefits from strong street visibility, heavy vehicular traffic, and a dense residential and office population surrounding it. Koreatown is one of Los Angeles’ most active dining submarkets, supporting consistent dine-in, takeout, and third-party delivery demand. This offering is ideal for experienced restaurant operators, franchise concepts, or delivery-focused businesses seeking a high-density urban location with proven food traffic.

Space Size Space Use Position Available
119 1,333 SF Restaurant In-Line Now

119

Size
1,333 SF
Space Use
Restaurant
Position
In-Line
Available
Now

119

Size 1,333 SF
Space Use Restaurant
Position In-Line
Available Now

Turnkey restaurant leasing opportunity located along South Western Avenue in the heart of Koreatown, Los Angeles. The space is fully built out with existing commercial kitchen infrastructure, allowing an incoming operator to minimize upfront capital expenditures and accelerate opening timelines. The property benefits from strong street visibility, heavy vehicular traffic, and a dense residential and office population surrounding it. Koreatown is one of Los Angeles’ most active dining submarkets, supporting consistent dine-in, takeout, and third-party delivery demand. This offering is ideal for experienced restaurant operators, franchise concepts, or delivery-focused businesses seeking a high-density urban location with proven food traffic.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of Hope
bb.q Chicken
Cracker Barrel Old Country Store
Dog Haus
Ymca
CrossFit
Coffee Bean & Tea Leaf
Starbucks
Yoshinoya
Chase Bank

Property Taxes

Property Taxes

Parcel Number
5517-002-006
Land Assessment
$830,404 CAD
Improvements Assessment
$154,205 CAD
Total Assessment
$984,609 CAD
  • Listing ID: 38457217

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 119-123 S Western Ave, Los Angeles, CA 90004

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