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Single-Story Neighborhood Shopping Center
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170 S Western Ave, Los Angeles, CA 90004

Fully leased retail center with four tenant spaces and transit access near Koreatown.

Property Size13,000 SF
Lot Size0.39 Acres
Days on Market143

Property Features for 170 S Western Ave

General Information

Standard status Active
Size 13,000 SF
Lot size 0.39 Acres
Property subtype Retail
Occupancy 100%

Building Details

Stories 1
Tenancy Multi
Listing Agency: Keller Williams Realty Hollywood Hills
Listed By: Laura Milshteyn · License #CA 01997655
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:43PM

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 Keller Williams Realty Hollywood Hills

Investment Insights

Based on property information with market context.

This single-story shopping center contains approximately 13,000 square feet across four retail units and occupies approximately 17,005 square feet of land. The property is reported as 100% leased and includes potential for development of up to 69 units with a density bonus. Buyers are to verify all square footage and related property information.

The center fronts Western Avenue at the signalized intersection with Beverly Boulevard, approximately two blocks south of the 101 Freeway. It is positioned near Koreatown and the Wilshire Center area, with nearby employers, colleges, medical institutions, retailers, and businesses. Wilshire/Western Station on the Metro Purple Line is approximately a 14-minute walk from the property.

Key Highlights

  • Approximately 13,000 square foot single‑story retail building
  • Approximately 17,005 square foot land parcel
  • 100% leased property with four retail units

Property Analytics

Current Use

Gokjee Foods Restaurant QUEST ROOM - Los ... Arcade & Gaming Center Gokjee Catering Marketing & Advertising

Suggested Use

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,547
Businesses Nearby
Balanced
Demand for This Use

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • MaDang Courtyard 621 S Western Ave, Los Angeles, CA 90005
  • Equitable Plaza 3435 wilshire blvd, los angeles, ca 90010
  • KEY CENTER 3607 W 6th St, Los Angeles, CA 90020
  • Oceans 3435 Wilshire Blvd # 2704, Los Angeles, CA 90010
  • Soho on 6th Los Angeles, CA 90010

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with four tenant spaces and transit access near Koreatown.
Where is this shopping center located?
The property is located at 170 S Western Ave Los Angeles, CA.
What are key features of this property?
This property features: Approximately 13,000 square foot single‑story retail building; Approximately 17,005 square foot land parcel; 100% leased property with four retail units
(424) 653-1820 Call to check price and availability
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