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632 N Western Avenue
Los Angeles, CA 90004

Price: $4,450,000 Zoning: LAC2
Bldg SF: 7,926 SF Price/SF: $561
Land SF: 8,521 SF CAP Rate: 3.48%
Year Built:  1922 Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

627 N. Larchmont Boulevard, Los Angeles, CA 90004
Price: $4,450,000
Bldg SF: 7,926 SF
Land SF: 8,521 SF
Year Built: 1922
CAP Rate: 3.48%
Price/SF: $561
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Investment Highlights

EXCELLENT KOREATOWN LOCATION ALONG WESTERN AVENUE
◆ Ideally located on Western Avenue, just east of Melrose Avenue
◆ Koreatown is the most-densely populated district by population in Los Angeles County
◆ The immediate area offers a plethora of local and national retailers, a wide variety of dining options, and an expansive residential market
◆ High daily traffic counts along Western Avenue, one of the primary east/west thoroughfare through Los Angeles

 

UNIQUE INVESTMENT OR OWNER-USER OPPORTUNITY
◆ Property is currently vacant, allowing an Owner-User
to occupy a portion or all of the building
◆ Strong immediate rental pocket
◆ Excellent visibility and frontage