119 Western Ave Los Angeles, CA 90004

This exceptional Koreatown property at 119 S Western Ave, Los Angeles, CA 90004, presents a unique owner-user or value-add investment opportunity. Boasting 4,000 square feet, this retail space is ideally situated in a densely populated area with high foot traffic—39,545 vehicles per day along Western Avenue. The property features existing restaurant improvements, currently divided into three equal-sized units, with 33% occupancy. Built in 1920, this single-story building (APN 5517-002-006) offers one building with a total of three units. The asking price is $2,000,000, translating to $500 per square foot. A key advantage is the gated parking situated behind the building, conveniently accessed via an alley. This location provides excellent visibility and accessibility, making it an attractive proposition for both established businesses and investors seeking a strong return. The property's existing infrastructure and prime location in a thriving neighborhood offer significant potential for growth and profitability. This is a rare chance to acquire a well-positioned commercial property in a highly desirable Los Angeles market.