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Investment Highlights

  • Located on busy S Western Avenue in a dense urban market with strong foot and vehicle traffic.
  • Ideal for investors or developers seeking a strategic infill location in a thriving market.
  • This property is ideal for redevelopment or continued use as an auto-related or retail business
  • Close to major Los Angeles corridors, public transit, and key employment centers.
  • Situated on a 0.23-acre lot with excellent street frontage for maximum visibility.

Executive Summary

1664 S Western Avenue offers a prime investment opportunity in the heart of Los Angeles. This property sits on a 0.23-acre lot and is zoned LAC2, allowing for a variety of commercial uses. Located in a high-traffic corridor within the Koreatown/Harvard Heights area, the site provides excellent visibility and accessibility. With strong surrounding demographics and proximity to major thoroughfares, this property is ideal for redevelopment or continued use as an auto-related or retail business.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,200 SF
Building Class
C
Year Built
1914
Price
$3,145,819 CAD
Price Per SF
$2,621.52 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.23 AC
Zoning
C2-1, Los Angeles - General Commercial
Parking
30 Spaces (30.3 Spaces per 1,000 SF Leased)
Frontage
50’ on Western

Amenities

  • Bus Line
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Food 4 Less
Yoshinoya
Smart & Final
Bank of America
Bank of Hope
Chase Bank
H Mart

Property Taxes

Property Taxes

Parcel Number
5074-014-025
Land Assessment
$3,498,726 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,498,726 CAD
  • Listing ID: 35137769

  • Date on Market: 2025-03-14

  • Last Updated:

  • Address: 1664 S Western Ave, Los Angeles, CA 90006

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