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Koreatown Showroom-Warehouse on Large Lot
For Sale
$6,950,000

963 965 S Western Avenue, Los Angeles, CA 90016

Commercial property with showroom-warehouse in Koreatown, excellent visibility, high traffic.

Property SizeContact for details
Days on Market170

Property Features for 963 965 S Western Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Stevenson Real Estate Services (818-956-7001)
Listed By: David Stevenson · License #01228475
Source: Sevengables
Added: Mar 6 Changed: Aug 23 Last Checked: Aug 23 at 2:54AM

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 Stevenson Real Estate Services (818-956-7001)

Investment Insights

Based on property information with market context.

This commercial property, suitable for owner-users, features a showroom-warehouse building situated on a large lot in the heart of Koreatown. The location offers excellent visibility and high traffic, with an estimated 40,632 cars per day on Western Avenue (MPSI 2024 estimate). The property includes a gated and secure parking area. It is located on South Western Avenue, between West Olympic Boulevard and San Marino Street, in the City of Los Angeles. This property is suited for a retail business.

Key Highlights

  • High traffic location with 40,632 cars per day (MPSI 2024 estimate) on Western Avenue.
  • Excellent visibility for retail business.
  • Large lot in the heart of Koreatown.

Property Analytics

Current Use

Showrooms

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Travel Agency Accounting Firm Acupuncture

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

3,430
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Showroom - Commercial property with showroom-warehouse in Koreatown, excellent visibility, high traffic.
Where is this showroom located?
The property is located at 963 965 S Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: High traffic location with 40,632 cars per day (MPSI 2024 estimate) on Western Avenue.; Excellent visibility for retail business.; Large lot in the heart of Koreatown.
More about this property
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