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119-123 S Western Ave 4,000 SF 100% Leased Retail Building Los Angeles, CA 90004 $2,066,970 CAD ($516.74 CAD/SF)
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.
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 Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1920
Price
$2,066,970 CAD
Price Per SF
$516.74 CAD
Percent Leased
100%
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 |
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5517-002-006 | Improvements Assessment | $155,364 CAD |
| Land Assessment | $836,645 CAD | Total Assessment | $992,009 CAD |
Property Taxes
Parcel Number
5517-002-006
Land Assessment
$836,645 CAD
Improvements Assessment
$155,364 CAD
Total Assessment
$992,009 CAD
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119-123 S Western Ave
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