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    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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