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The Barn Cafe and Restaurant 228 S Oxford Ave 4,206 SF Retail Building Los Angeles, CA 90004 $3,500,000 ($832.14/SF) 5.14% Cap Rate
Investment Highlights
- • Turn-key Operation: Ready for immediate operation with high-end restaurant finishes and handcrafted coffee and bar
- • Liquor License Included: Comes with a valuable Type 41 Liquor License
- • Versatile Revenue Streams: Infrastructure supports Cafe, Restaurant, Bar, and Private Corporate Events
- • Fully Renovated in 2020: Modern Rustic aesthetic with all new HVAC, Electrical, and Plumbing systems
- • Strategic Koreatown Location: Situated in a 'Walker’s Paradise' (Walk Score 90+) with high foot traffic, one block from Western Ave
Executive Summary
"Dream Realty is proud to exclusively present 'The Barn,' a premier 2-story standalone commercial property in the vibrant heart of Koreatown, Los Angeles. Fully revitalized in 2020, this 4,206 SF turn-key asset offers a rare opportunity for flagship operators or investors. The building features an inviting outdoor patio, private event spaces optimized for group bookings, and high-quality hardwood flooring throughout. Positioned on a 7,258 SF lot zoned LAC2, this property holds significant future redevelopment potential in one of the city's densest neighborhoods."
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Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,206 SF
Building Class
C
Year Built/Renovated
1917/2020
Price
$3,500,000
Price Per SF
$832.14
Cap Rate
5.14%
NOI
$180,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.17 AC
Zoning
C2-1 - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Frontage
51’ on South Oxford Avenue
Amenities
- Conferencing Facility
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5517-008-022 | Improvements Assessment | $568,913 |
| Land Assessment | $1,536,067 | Total Assessment | $2,104,980 |
Property Taxes
Parcel Number
5517-008-022
Land Assessment
$1,536,067
Improvements Assessment
$568,913
Total Assessment
$2,104,980
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The Barn Cafe and Restaurant | 228 S Oxford Ave
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