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Koreatown Showroom-Warehouse on Large Lot
For Sale
$6,950,000

963 - 965 South Western Avenue, Los Angeles, CA 90006

Commercial property with showroom-warehouse in Koreatown, excellent visibility, high traffic.

Days on Market147

Property Features for 963 - 965 South Western Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1949
Listing Agency: Stevenson Real Estate Services
Listed By: Kris Hons · License #CalDRE #01807261
Source: Stevensonrealestate
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 30 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stevenson Real Estate Services

Investment Insights

Based on property information with market context.

This commercial property, suitable for owner-users, features a showroom-warehouse building situated on a large lot in the heart of Koreatown. The location offers excellent visibility and high traffic, with an estimated 40,632 cars per day on Western Avenue (MPSI 2024 estimate). The property includes a gated and secure parking area. It is located on South Western Avenue, between West Olympic Boulevard and San Marino Street, in the City of Los Angeles. This property is suited for a retail business.

Key Highlights

  • High traffic location with 40,632 cars per day (MPSI 2024 estimate) on Western Avenue.
  • Excellent visibility for retail business.
  • Large lot in the heart of Koreatown.

Property Analytics

Current Use

Showrooms

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet Supermarket Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,028
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Showroom - Commercial property with showroom-warehouse in Koreatown, excellent visibility, high traffic.
Where is this showroom located?
The property is located at 963 - 965 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: High traffic location with 40,632 cars per day (MPSI 2024 estimate) on Western Avenue.; Excellent visibility for retail business.; Large lot in the heart of Koreatown.
More about this property
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