Koreatown Retail Investment
For Sale
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2546 West Pico Boulevard, Los Angeles, CA 90006
Multi-tenant retail property with significant upside potential in Koreatown.
Property Size13,050 SF
Lot Size0.37 Acres
Days on Market213
Property Features for 2546 West Pico Boulevard
General Information
Standard status
Active
Size
13,050 SF
Lot size
0.37 Acres
Property subtype
Retail
Site & Location
Neighborhood
Pico-Union
Listing Agency:
CBRE - Downtown Los Angeles
Listed By:
Derrick Moore · License #1029938
(213) 613-3334
Source:
Cbre
Added: Mar 25
Changed: Oct 12
Last Checked: Oct 23 at 4:25AM
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 CBRE - Downtown Los Angeles
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Investment Insights
Based on property information with market context.
Located on a hard corner in Koreatown, this multi-tenant property at 2546 – 2552 W. Pico presents an investment opportunity. The property includes two parcels totaling 16,258 square feet of land with 13,050 square feet of gross leasable area. The tenants are currently on short-term leases with rents below market value. The location benefits from new housing developments, retail growth, and an expanding consumer base, contributing to increased density and disposable income in the area. The property features clear-span interiors without structural columns, making it suitable for showrooms, cafes, and various retail layouts. The surrounding area includes national and local tenants such as McDonald’s, Subway, and Bank of America, as well as local restaurants. The submarket is expected to continue attracting a strong retail tenant base due to ongoing residential development and consumer spending.
Key Highlights
- Prime hard corner location in Koreatown
- Significant rental upside due to below‑market rents and short‑term leases
- High‑density area with new residential developments
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,500
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail property with significant upside potential in Koreatown.
Where is this retail space located?
The property is located at 2546 West Pico Boulevard Los Angeles, CA.
What are key features of this property?
This property features: Prime hard corner location in Koreatown; Significant rental upside due to below‑market rents and short‑term leases; High‑density area with new residential developments
