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Koreatown Retail Hub Opportunity
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450 South Western Avenue, Los Angeles, CA 90020

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

Space Size863 SF - 5,821 SF
Days on Market322

Property Features for 450 South Western Avenue

General Information

Standard status Active
Size 863 SF - 5,821 SF
Property subtype Retail

Spaces For Lease

at 450 South Western Avenue Contact us

2nd Floor, Ste 204 Available

Size 863 SF
Type Retail
Fully Built-Out as Standard Retail Space
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2nd Floor, Ste 212 Available

Size 2,155 SF
Type Retail
Fully Built-Out as a Bank
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2nd Floor, Ste 210 Available

Size 1,338 SF
Type Retail
Lease rate does not include utilities, property expenses or building services Fully Built-Out as Standard Retail Space
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3rd Floor, Ste 309, 310, 311, 312 Available

Size 5,821 SF
Type Retail
Potential Tenants: Sports Club, Axe Throwing, Adventure Club, Entertainment Venue, Experiential Retail, Indoor Recreation, Medspa Space, Salon Space, Aesthetic Studio, IV Therapy Space, Wellness Space, Spa Space, Beauty Salon, Hair Salon Space, Cosmetic Clinic, Fitness, Health Club, Retail Space for Beauty Services, Yoga Studio, Pilates Studio, Dance Studio, Martial Arts Studio, Day Spa, Chiropractic Clinic, Physical Therapy Center, Boutique Fitness Studio, Cycling Studio. Lease rate does not include utilities, property expenses or building services
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3rd Floor, Ste 305/FC1 Available

Size 1,368 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Fully Built-Out as a Fast Food Restaurant
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3rd Floor, Ste 305/FC2 Available

Size 1,322 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Fully Built-Out as a Restaurant or Café Space
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3rd Floor, Ste 305/FC4 Available

Size 1,336 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Fully Built-Out as a Restaurant or Café Space
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3rd Floor, Ste 305/FC5 Available

Size 1,364 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Fully Built-Out as a Restaurant or Café Space
Contact us

3rd Floor, Ste 314 Available

Size 1,400 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Fully Built-Out as a Restaurant or Café Space
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3rd Floor, Ste 305/FC3 Available

Size 1,346 SF
Type Retail
Turnkey Restaurant Infrastructure in Place This second-generation restaurant space comes fully equipped with essential infrastructure, including a commercial-grade exhaust hood, grease trap, three-compartment sink, handwashing stations, and built-in refrigeration. The layout supports both dine-in and takeout operations, with existing plumbing, electrical, and HVAC systems tailored for food service. Ideal for operators seeking a fast-track opening in a high-traffic location. Lease rate does not include utilities, property expenses or building services Fully Built-Out as a Restaurant or Café Space
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Listing Agency: CBRE - Downtown Los Angeles
Listed By: Derrick Moore · License #1029938
Source: Cbre
Added: Nov 22, 2025 Changed: Oct 9 Last Checked: Oct 9 at 5:38PM

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

Retail space

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 South Western Avenue 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.
More about this property
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