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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

696 New Hampshire Ave Los Angeles, CA 90005

2,832 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,832 square foot retail or restaurant space is ideally situated on the ground floor of a 38-story high-rise building in the heart of Koreatown, Los Angeles County. The space offers a 13.5-foot ceiling height and the possibility of a patio, providing ample opportunity for a variety of businesses. Currently vacant, this single-tenant space is delivered in cold shell condition, allowing for complete customization to suit your specific needs. The building itself boasts 375 contemporary residential units, ensuring a built-in customer base within a densely populated area spanning over 150 city blocks. This vibrant community offers exceptional walkability and is renowned for its diverse culinary scene, numerous bars, markets, and spas. Koreatown's reputation as a hub for nightlife, with a high concentration of 24-hour businesses and restaurants, makes this location particularly attractive for businesses seeking high visibility and consistent foot traffic. The property's proximity to Wilshire Boulevard further enhances its accessibility and desirability. This is a rare opportunity to establish a thriving business in one of Los Angeles' most dynamic and sought-after neighborhoods.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,832 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LA BANKRUPTCY LAW Law Firm
  • Hallasan Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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