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Koreatown Retail/Restaurant Space Available
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4083 West 3rd Street, Los Angeles, CA 90020

Prime location with existing restaurant infrastructure in Koreatown.

Space SizeContact for details
Days on Market152

Property Features for 4083 West 3rd Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Johnny Choi · License #1705079
Source: Cbre
Added: Mar 25 Changed: Aug 17 Last Checked: Aug 23 at 4:49AM

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

Investment Insights

Based on property information with market context.

This 3,965 square-foot retail or restaurant space is located in Koreatown. The property boasts 133 residential units. The space is delivered in grey shell condition and includes existing restaurant infrastructure such as a vent shaft, bathroom connections, and a grease interceptor. Separate metering is available for electricity, water, and gas. Traffic counts at W 3rd St & S Ardmore Ave are reported at 41,677.

Key Highlights

  • Prime location in Koreatown.
  • Restaurant infrastructure already in place with vent shaft, bathroom connections, and grease interceptor.
  • Located within a property boasting 133 residential units.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Buffet (Bike/Boat/Book/etc) Store Pet Store & Service Electrical Service

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

6,085
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$34.76 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,673 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime location with existing restaurant infrastructure in Koreatown.
Where is this retail space located?
The property is located at 4083 West 3rd Street Los Angeles, CA.
What are key features of this property?
This property features: Prime location in Koreatown.; Restaurant infrastructure already in place with vent shaft, bathroom connections, and grease interceptor.; Located within a property boasting 133 residential units.
More about this property
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