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Koreatown Retail or Medical Space
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991 S Vermont, Los Angeles, CA 90006

High-traffic corner location ideal for retail or medical office.

Space SizeContact for details
Days on Market143

Property Features for 991 S Vermont

General Information

Standard status Active

Building Details

Year Built 2007
Listing Agency: Lifetime Realty Inc
Listed By: JW Najulee
Source: Myfabuloushome
Added: Apr 24 Changed: Sep 8 Last Checked: Sep 12 at 11:19AM

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 Lifetime Realty Inc

Investment Insights

Based on property information with market context.

Located at the corner of Olympic Boulevard and Vermont Avenue in Koreatown, this space is suitable for retail or medical office use. The location benefits from high traffic, with approximately 50,000 cars passing by daily, providing excellent visibility and signage opportunities. The available space ranges from approximately 1,000 to 2,000 square feet. The unit includes one private restroom. The location has a walk score of 92, indicating it is a walker's paradise, a bike score of 78, indicating it is very bikeable, and a transit score of 100, indicating it is a rider's paradise. This property presents a strong street presence in a central location.

Key Highlights

  • Unbeatable Transit Score: Perfect 100 'Rider's Paradise' rating.
  • High‑Traffic Corner Location: Prime corner at Olympic & Vermont with 50,000 cars per day.
  • Excellent Visibility & Signage: Strong street presence in a central Koreatown location.

Property Analytics

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Current Use

Retail space

Suggested Use

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

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,991
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Los Angeles, CA

$34.29 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,459 SF
Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - High-traffic corner location ideal for retail or medical office.
Where is this retail space located?
The property is located at 991 S Vermont Los Angeles, CA.
What are key features of this property?
This property features: Unbeatable Transit Score: Perfect 100 'Rider's Paradise' rating.; High‑Traffic Corner Location: Prime corner at Olympic & Vermont with 50,000 cars per day.; Excellent Visibility & Signage: Strong street presence in a central Koreatown location.
More about this property
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