696 New Hampshire Ave, Los Angeles, CA 90005
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.
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LA BANKRUPTCY LAW Law Firm
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Hallasan Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.