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Third Generation Acupuncture 220 N Oxford Ave 2,717 SF Office Building Los Angeles, CA 90004 $1,666,490 CAD ($613.36 CAD/SF)



Investment Highlights
- Potential vacant delivery provides flexibility for owner-user occupancy.
- Mixed-use configuration supports a variety of business applications.
- Positioned near restaurants, services, retail, and residential density.
- Located in Koreatown near Hancock Park and Larchmont Village amenities.
- Convenient access to Beverly Boulevard, Western Avenue, and surrounding corridors.
Executive Summary
NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,717 SF
Building Class
C
Year Built
1919
Price
$1,666,490 CAD
Price Per SF
$613.36 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,717 SF
Building FAR
0.42
Lot Size
0.15 AC
Zoning
LAC2 - Commercial/Office/Residential (mixed use)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cathy Kyonghee Kim
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cathy Kyonghee Kim | - | - | - | - |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5517-010-040 | Improvements Assessment | $138,832 CAD |
| Land Assessment | $1,090,938 CAD | Total Assessment | $1,229,769 CAD |
Property Taxes
Parcel Number
5517-010-040
Land Assessment
$1,090,938 CAD
Improvements Assessment
$138,832 CAD
Total Assessment
$1,229,769 CAD
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Third Generation Acupuncture | 220 N Oxford Ave
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