Listing Agency: Korus Real Estate m***@korusre.com Show Phone

Listed By: Mark Hong · License #CA

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:16AM

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Investment Insights

Based on property information with market context.

Suite 101 at 621 S Western Ave is identified as space for a coffee business. The property is located in Los Angeles, California, with the address listed as 90005.

Key Highlights

• Coffee business space in Suite 101
• Located at 621 S Western Ave, Los Angeles, CA 90005

Property Analytics

Property Profile

Current Use

Daiso Discount Store One Dental Specialties Dental Office CGV Cinemas Movie ... Cinema MaDang Courtyard Shopping Center & Mall I Coffee Bar Cafe & Coffee Shop

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Tanning Salon Restaurant (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

7,008

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 90005, CA

37,987

Population

19,357

Households

2

Avg Household Size

37

Median Age

38%

College-Educated

74%

High-School Grad

1.2 sq mi

ZIP Area

31,656

Density / Sq Mi

$52,755

Median Household Income

$35,847

Median Earnings

$1,648

Median Rent

$1,084,400

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

Questions? Ask Rey

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What type of property is this? Where is this coffee shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Cafe Nemo — 1032 Crenshaw Blvd, Los Angeles, CA 90019
• Boba Grande — 3600 W Olympic Blvd, Los Angeles, CA 90019
• Balrog Coffee inc — 3414 W Olympic Blvd, Los Angeles, CA 90019
• Little Bean Cafe — 3250 W Olympic Blvd, Los Angeles, CA 90006
• Cafe Avec coffee shop — 3226 W Olympic Blvd, Los Angeles, CA 90006

Frequently Asked Questions

What type of property is this?

Coffee shop - Suite 101 is identified as space for a coffee business.

Where is this coffee shop located?

The property is located at 621 S Western Ave Suite 101 Los Angeles, CA.

What are key features of this property?

This property features: Coffee business space in Suite 101; Located at 621 S Western Ave, Los Angeles, CA 90005