Your email has been sent.
115 N Western Ave 5,160 SF of Retail Space Available in Los Angeles, CA 90004
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,160 SF | Negotiable | $22.32 /SF/YR $1.86 /SF/MO $115,171 /YR $9,598 /MO | Modified Gross |
1st Floor
Position your business in the heart of Koreatown—one of Los Angeles’ most vibrant, trend-driven, and high-demand neighborhoods. Ideally located on the one and only Western Avenue, this property offers exceptional visibility with strong daily foot and vehicle traffic. Optimally surrounded by a dense mix of residential, retail, and entertainment destinations that continue to drive consistent customer flow. The property sits on an approximately 7,957 SF lot with an existing 5,160 SF building zoned C2, offering an excellent opportunity for entrepreneurs and businessmen. The flexible zoning makes it ideal for a wide range of concepts, including retail / showroom / lifestyle brand / restaurant / café / dessert / bakery / creative office / marketing / communication firm / medical / wellness / beauty / service businesses / warehouse-style retail or hybrid office + storage use. Koreatown has rapidly evolved into a destination for trendy dining, café culture, and lifestyle-driven retail, attracting both local and destination traffic. This location is perfectly suited for businesses looking to capture that momentum and establish a strong brand presence. The layout and size provide excellent potential for flagship retail, experiential concepts, or a dynamic restaurant space, while also accommodating creative office or hybrid-use operations. Although there is no on-site parking, this is typical for many prime Koreatown locations. The property benefits from abundant surrounding street parking, with potential options for off-site parking arrangements via nearby commercial facilities, adding convenience for customers and staff.
- Listed rate may not include certain utilities, building services and property expenses
- Prime retail building in heart of Koreatown
- C2 zoning offers flexible options
- Plenty of street parking surrounding the block
- Rare opportunity in LA’s highly active corridor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,160 SF | Gross Leasable Area | 5,160 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront |
| Total Space Available | 5,160 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,160 SF |
| Year Built | 1922 |
About the Property
Position your business in the heart of Koreatown—one of Los Angeles’ most vibrant, trend-driven, and high-demand neighborhoods. Ideally located on the one and only Western Avenue, this property offers exceptional visibility with strong daily foot and vehicle traffic. Optimally surrounded by a dense mix of residential, retail, and entertainment destinations that continue to drive consistent customer flow. The property sits on an approximately 7,957 SF lot with an existing 5,160 SF building zoned C2, offering an excellent opportunity for entrepreneurs and businessmen. The flexible zoning makes it ideal for a wide range of concepts, including retail / showroom / lifestyle brand / restaurant / café / dessert / bakery / creative office / marketing / communication firm / medical / wellness / beauty / service businesses / warehouse-style retail or hybrid office + storage use. Koreatown has rapidly evolved into a destination for trendy dining, café culture, and lifestyle-driven retail, attracting both local and destination traffic. This location is perfectly suited for businesses looking to capture that momentum and establish a strong brand presence. The layout and size provide excellent potential for flagship retail, experiential concepts, or a dynamic restaurant space, while also accommodating creative office or hybrid-use operations. Although there is no on-site parking, this is typical for many prime Koreatown locations. The property benefits from abundant surrounding street parking, with potential options for off-site parking arrangements via nearby commercial facilities, adding convenience for customers and staff.
Nearby Major Retailers
Presented by
Mi Jeong Kim
115 N Western Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.