Commercial: MLS #0026666997 Los Angeles, CA ^$ 3,595,000

Commercial: MLS #0026666997

^$ 3,595,000

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Commercial: MLS #0026666997

Name: address
Address: CA, 90004

Los Angeles, CA, 90004

^$ 3,595,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 22,135

Commercial Property for sale in Los Angeles, CA

for $3,595,000. This building was built in 1963.

SIGNALIZED INTERSECTION OF 3RD STREET & HOBART! PRIME KOREATOWN RETAIL ANCHORED BY KOREAN BBQ RESTAURANT - TENRAKU AND PERSONAL FITNESS GYM. 5.31% CAP RATE AT ASKING PRICE WITH NNN LEASES AND UPSIDE IN RENTS. VERY WELL MAINTAINED PROPERTY WITH NO DEFERRED MAINTENANCE. FULL RESTAURANT HAS BEEN IN OPERATIONS FOR YEARS AND HAVE STRONG SALES. PARKING IN FRONT. 3RD STREET HAS FANTASTIC VISIBILITY AND HEAVY TRAFFIC DAILY.

Commercial Active

Price

^$ 3,595,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026666997

Features

General

Zoning LAC2

Year Built 1963

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area C17 - Mid-Wilshire

Standard Status Active

Exterior

Lot Size Area 8741.0

Land Lease Type Fee

Interior

Total Stories 1

Total Baths 0

* Excluded Features

List By

Ryan Yatman

Listing Agent

Sp Residential Inc

Broker

Affordability Calculator

$22,135

Per Month

Monthly Principal & Interest: $22,135
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,399,953

Percent of Sale Price 33%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
3/20/2026	$3,595,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/20/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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Commercial: MLS #0026666997

Commercial Property for sale in Los Angeles, CA

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