Commercial: MLS #0026672427 Los Angeles, CA $ 1,690,000
Commercial: MLS #0026672427
$ 1,690,000
Recently Listed
Share Save

Commercial: MLS #0026672427

Los Angeles, CA, 90004
$ 1,690,000
Bedrooms-- Baths--

Monthly Estimate*

$ 10,406

MLS #/Web ID: 0026672427 - Image 1
MLS #/Web ID: 0026672427 - Image 2
MLS #/Web ID: 0026672427 - Image 3
MLS #/Web ID: 0026672427 - Image 4
MLS #/Web ID: 0026672427 - Image 5
MLS #/Web ID: 0026672427 - Image 6
MLS #/Web ID: 0026672427 - Image 7
MLS #/Web ID: 0026672427 - Image 8
MLS #/Web ID: 0026672427 - Image 9
MLS #/Web ID: 0026672427 - Image 10
MLS #/Web ID: 0026672427 - Image 11
MLS #/Web ID: 0026672427 - Image 12
MLS #/Web ID: 0026672427 - Image 13
MLS #/Web ID: 0026672427 - Image 14

Commercial Property for sale in Los Angeles, CA

for $1,690,000. This building was built in 1922 on a lot size of 0.183196.

Proudly presenting 115 N Western Ave, an excellent opportunity to acquire a versatile retail property located in the heart of Koreatown along high-traffic Western Avenue. Situated on approximately 7,957 SF of land with an existing 5,160 SF building zoned C2, this property offers exceptional flexibility for a wide range of uses. Subdivision options available at a split of 1,300 SF and 3,800 SF. Ideal not only for investors and developers, but also for owner-users seeking a prime location for retail / showroom / lifestyle brand / restaurant / cafe / dessert / bakery / creative office / marketing / communication firm / medical / wellness / beauty / service businesses / warehouse-style retail or hybrid office + storage use. The strong visibility and heavy foot and vehicle traffic make it especially well-suited for businesses looking to establish a presence in one of LA's most dynamic commercial corridors. For those looking to reposition or expand, the property also presents the potential to develop approximately 30 residential units or pursue a mixed-use project with ground-floor commercial and residential units above. Unmatched branding from the massive LED signage (projecting & facade) that is already installed. While there is no on-site parking, this is typical for Koreatown's urban setting. The location benefits from ample surrounding street parking, and there may be opportunities to coordinate off-site parking arrangements with nearby commercial establishments, enhancing convenience for customers and tenants. Koreatown continues to be one of the most vibrant and rapidly evolving neighborhoods in Los Angeles, making this property a compelling opportunity for immediate use, long-term hold, or future redevelopment.

See more

Commercial Active

Price

$ 1,690,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.183196

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026672427

Features
General
Zoning LAC2
Year Built 1922
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area HPK - Hancock Park
Standard Status Active
See more
Exterior
Lot Size Area 7960.0
Lot Dimensions 60x133
Land Lease Type Fee
See more
Interior
Total Stories 1
Entry Level 1
Total Baths 0
See more
* Excluded Features
List By
MiJeong Kim

Listing Agent

Mi Jeong Kim

Broker

Affordability Calculator

$10,406
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,406
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,690,000 Listed Price

Map


See all