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Koreatown Retail Hub Opportunity
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450 S Western Ave, Los Angeles, CA 90020

Thriving three-level retail space in the heart of Koreatown.

Space Size457 SF - 5,902 SF
Days on Market319

Property Features for 450 S Western Ave

General Information

Standard status Active
Size 457 SF - 5,902 SF
Property subtype RETAIL

Spaces For Lease

at 450 S Western Ave Contact us
Name Size Type Rate Availability
450 S Western 1,049 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 572 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,047 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,238 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,407 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,600 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 457 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 507 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 527 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 528 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,139 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 1,496 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
450 S Western 5,902 SF RETAIL Contact for pricing AVAILABLE, Now Contact us
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Derrick Moore · License #1029938
Source: Moodyscre
Added: Nov 22, 2025 Changed: Oct 7 Last Checked: Oct 5 at 4:39PM

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.

Located at 450 Western Ave, this retail space is situated in a thriving three-level retail hub in Koreatown. The property benefits from a dynamic location and ample parking. Koreatown is a vibrant and energetic neighborhood in Los Angeles, known as a cultural melting pot. It is a bustling commercial hub that offers unparalleled accessibility and a passionate community, making it an ideal destination for businesses. The property is located alongside the California Marketplace. The property size is 18313 square feet.

Key Highlights

  • Located in the heart of Koreatown, a vibrant and high‑traffic commercial hub.
  • Located within a three‑level retail hub alongside the California Marketplace.
  • Ample parking available.

Property Analytics

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Current Use

Seoul Pho (K-TOWN) Restaurant Twozone Chicken - LA Restaurant Etude W Salon Hair Salon Etude Boutique Clothing & Fashion Store Walter Kim Physician

Suggested Use

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,792
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Los Angeles, CA

$31.46 /SF/Yr
Avg Asking Price
$3.8–$95.4 /SF/Yr
Price Range
7,387 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 - Thriving three-level retail space in the heart of Koreatown.
Where is this retail space located?
The property is located at 450 S Western Ave Los Angeles, CA.
What are key features of this property?
This property features: Located in the heart of Koreatown, a vibrant and high‑traffic commercial hub.; Located within a three‑level retail hub alongside the California Marketplace.; Ample parking available.
(626) 676-7003 Call to check price and availability
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