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    978 Chung King Rd Los Angeles, CA 90012

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    For Sale
    $1,400,000

    Two-story retail building with live/work potential in Los Angeles.

    Property size:
    2,400 SF
    Lot size:
    0.04 Acres

    Property Features for 978 Chung King Rd

    General Information

    Size
    2,400 SF
    Lot size
    0.04 Acres

    Source: Lee & Associates Agent Evan Jurgensen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Retail Building For Sale

    This two-story retail building includes a ground floor kitchenette, a mezzanine loft, and a 1,200 square foot basement. The 2,400 square foot property is suitable for gallery, studio, retail, or office use. The upstairs area features two one-bedroom, one-bath units, offering potential live/work arrangements.
    Insight Report Location Intelligence

    Current Use by Public Records

    Luxigon LA (aloha ... Animation Studio Gregorio Escalante Gallery Art Gallery Red Pipe Gallery Art Gallery

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2380609
    Latitude
    34.0666587

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    FAQs

    What type of property is this?
    Retail space - Two-story retail building with live/work potential in Los Angeles.
    Where is this retail space located?
    The property is located at 978 Chung King Rd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Two 1-bedroom, 1-bath units upstairs offer potential live/work space.; - Versatile two-story building suitable for gallery, studio, retail, or office.; - Includes a spacious 1,200 sq. ft. basement for storage or additional workspace.
    (626) 786-7430
    Request Owner's contact information
    978 Chung King Rd Los Angeles, CA 90012
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    Los Angeles, CA 90012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    978 Chung King Rd Los Angeles, CA 90012
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