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119-123 S Western Ave 1,333 - 4,000 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, Ste 119 | 1,333-4,000 SF | 5 Years | $33.00 /SF/YR $2.75 /SF/MO $132,000 /YR $11,000 /MO | Modified Gross |
1st Floor, Ste 119
Turnkey restaurant leasing opportunity located along South Western Avenue in the heart of Koreatown, Los Angeles. The space is fully built out with existing commercial kitchen infrastructure, allowing an incoming operator to minimize upfront capital expenditures and accelerate opening timelines. The property benefits from strong street visibility, heavy vehicular traffic, and a dense residential and office population surrounding it. Koreatown is one of Los Angeles’ most active dining submarkets, supporting consistent dine-in, takeout, and third-party delivery demand. This offering is ideal for experienced restaurant operators, franchise concepts, or delivery-focused businesses seeking a high-density urban location with proven food traffic.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Turnkey restaurant with existing kitchen build-out
- Prime Western Avenue frontage
- Dense residential & office population
- Strong dine-in, takeout, and delivery demand
- High-traffic Koreatown location
- Suitable for franchise or expanding concepts
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.
Select Tenants at 119-123 S Western Ave, Los Angeles, CA 90004
- Tenant
- Description
- US Locations
- Reach
- 999 pizza
- -
- -
- -
- Farina Pizza
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| 999 pizza | - | - | - |
| Farina Pizza | - | 1 | - |
Property Facts
| Total Space Available | 4,000 SF | Gross Leasable Area | 4,000 SF |
| Min. Divisible | 1,333 SF | Year Built | 1920 |
| Property Type | Retail | Parking Ratio | 1.75/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,000 SF |
| Min. Divisible | 1,333 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,000 SF |
| Year Built | 1920 |
| Parking Ratio | 1.75/1,000 SF |
About the Property
Koreatown is one of the most densely populated neighborhoods in Los Angeles, known for its vibrant dining scene and strong day-and-night activity. Western Avenue serves as a primary commercial corridor connecting Downtown Los Angeles, Hollywood, and Mid-Wilshire, making this location highly attractive for food service operators.
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119-123 S Western Ave
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