Commercial: MLS #0026673971 Los Angeles, CA ^$ 6,900,000

Commercial: MLS #0026673971

^$ 6,900,000

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Commercial: MLS #0026673971

Name: address
Address: CA, 90020

Los Angeles, CA, 90020

^$ 6,900,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 42,484

Commercial Property for sale in Los Angeles, CA

for $6,900,000. This building was built in 1955.

THE SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID. THIS TWO-STORY OFFICE BUILDING, CURRENTLY OPERATING AS THE HYUNDAE HEALTH CENTER KOREAN SPA, IS BEING OFFERED AS A BANKRUPTCY SALE AND PRESENTS A UNIQUE VALUE-ADD OPPORTUNITY IN THE HEART OF KOREATOWN. THE PROPERTY FEATURES A PASSENGER ELEVATOR AND A GATED PARKING LOT ACCOMMODATING APPROXIMATELY 70 VEHICLES. IDEALLY SITUATED ON A HIGH-VISIBILITY, SIGNALIZED CORNER WITH TRAFFIC COUNTS OF 25,176 VEHICLES PER DAY (2025), THE SITE IS LOCATED ONE BLOCK WEST OF NORMANDIE AVENUE AND ONE BLOCK NORTH OF WILSHIRE BOULEVARD, PROVIDING EXCELLENT ACCESS TO THE 101, I-10, AND 110 FREEWAYS. ZONED LAC2-1 AND DESIGNATED AS TOC TIER 4, THE PROPERTY OFFERS STRONG REDEVELOPMENT POTENTIAL AND IS LOCATED WITHIN A QUALIFIED OPPORTUNITY ZONE, PROVIDING POTENTIAL TAX ADVANTAGES. THE SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID, AND THE PROPERTY WILL BE SOLD "AS-IS." PROPERTY SHALL BE DELIVERED VACANT AT CLOSE OF ESCROW.

Commercial Active

Price

^$ 6,900,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026673971

Features

General

Zoning LAC2

Year Built 1955

County Los Angeles

Property Type F

Status Active

City Los Angeles

Standard Status Active

Exterior

Lot Size Area 33738.0

Land Lease Type Fee

Interior

Total Stories 0

Total Baths 0

* Excluded Features

List By

Bill Friedman

Listing Agent

Coldwell Banker Realty

Broker

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$42,484

Per Month

Monthly Principal & Interest: $42,484
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 ^$2,302,095

Percent of Sale Price 67%

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
4/6/2026	$6,900,000		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 4/7/2026. 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.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0026673971

Commercial Property for sale in Los Angeles, CA

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