Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • GREAT UP AND COMING AREA
  • MID-WILSHIRE, HANCOCK PARK
  • HIGH TRAFFIC AREA

Executive Summary

PREVIOUSLY PRICE AT $2,650,000. JUST APPRAISED AT $2,150,000. SELLER SPENT OVER $750,000 AND TOOK 3 FULL YEARS TO FINISH. GREAT LOCATION FOR POP-UP, K-BEAUTY, HIGH CEILING WITH MANY MODERN ACCENT FEATURES. PARKING IN THE BACK OF THE BUILDING & ALLEY.
An exceptional, once-in-a-generation opportunity to own a fully transformed, investment-grade retail building on one of Los Angeles's most dynamic and high-demand commercial corridors. 330 N. Western Avenue sits at the beating heart of Koreatown — the most densely populated neighborhood in LA and the epicenter of a global K-beauty, K-pop, and Korean culture phenomenon that is reshaping American consumer spending.
Ownership has invested over $750,000 in a comprehensive, top-to-bottom renovation — delivering a museum-quality, move-in-ready retail environment that is virtually impossible to replicate at this price point on this corridor.
The result is a stunningly curated, two-level building that speaks equally to luxury retail operators, K-beauty brands, creative agencies, art galleries, experiential pop-up concepts, and savvy investors who understand the trajectory of this submarket. Ground floor retail features an open, column-free floor plan with gallery-quality lighting, premium finishes throughout, and a street presence that commands immediate attention. The second floor offers flexible live/work, creative studio, or office potential — leasable separately or combined for a single-tenant flagship experience.
This is not a value-add play. The work is done. The finishes are stunning. The location is irreplaceable. This is an ownership opportunity for buyers who want to control a premium asset in one of the fastest-appreciating commercial corridors in Southern California — and either operate their own concept, lease to a top-tier tenant, or hold as a best-in-class investment with immediate income potential.
With current SBA financing, qualified buyers can acquire up to $300,000 more than the building's appraised value — making this an extraordinarily accessible entry point for owner-users and small business operators.
Here's your full for-sale listing package. A few power notes on the strategy:
The SBA angle is your #1 hook for owner-users. With the current SBA loan structure, qualified buyers can access up to $300,000 more than the building itself — that's a massive advantage to lead with for small business operators and K-beauty brands wanting to own their US flagship location rather than lease.
LoopNet
Price positioning is solid. At $2,650,000 for 3,788 SF, you're at ~$699/sf — competitive for a turnkey, renovated Koreatown retail building with a $750K renovation already absorbed. Comparable storefront retail on nearby corridors is trading at similar or higher per-sf prices with far less done.
by CityFeet
K-beauty brands & corporations — the cultural alignment, the Olive Young 2026 opening nearby as a market validation signal, and the flagship ownership story
1031 exchange investors — pitch the dual-income potential (retail ground + creative upper floor) and the corridor appreciation trajectory
SBA owner-users — pitch the turnkey condition, zero capex, and the SBA financing upside

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,798 SF
Building Class
C
Year Built/Renovated
1921/2024
Price
$2,978,030 CAD
Price Per SF
$784.10 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.09 AC
Zoning
LAC2 - Commercial
Frontage
26’ on N Western Ave

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Automatic Blinds
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Nace Events LLC
  • -
  • -
  • -
  • Triple Net
  • Oct 2026
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Nace Events LLC - - - Triple Net Oct 2026
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Cracker Barrel Old Country Store
Dog Haus
Waba Grill
bb.q Chicken
Club Pilates
Smart & Final
Bank of Hope
Bank of America
Bank of America Mortgage

Property Taxes

Property Taxes

Parcel Number
5521-027-011
Land Assessment
$1,451,223 CAD
Improvements Assessment
$305,518 CAD
Total Assessment
$1,756,742 CAD
  • Listing ID: 41907266

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 330 N Western Ave, Los Angeles, CA 90004

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}