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The Barn Cafe and Restaurant 228 S Oxford Ave 4,206 SF Retail Building Los Angeles, CA 90004 $2,300,000 ($546.84/SF)
Investment Highlights
- Time-Sensitive Opportunity — Asking Price $2,300,000: This property is being offered at a significantly reduced price reflecting an urgent need to clo
- a sale must be completed within a limited timeframe, making this an ideal opportunity for decisive buyers.
- Situated in a 'Walker's Paradise' (Walk Score 90+) with high foot traffic, one block from Western Ave.
- Seller Highly Motivated — Immediate Action Required: The seller is committed to a prompt transaction.
- Turn-key Operation: Ready for immediate operation with high-end restaurant finishes, handcrafted coffee and bar setup, fully renovated in 2020
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 is now offered at $2,300,000 under time-sensitive circumstances that demand immediate attention from qualified buyers. The seller is highly motivated and a transaction must be completed within a limited window — presenting a rare chance to acquire a fully built-out, income-producing commercial asset at a price point well below market value. Buyers with the ability to move quickly and decisively will find this an exceptional entry into one of Los Angeles' most active and high-demand corridors. 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 also 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
$2,300,000
Price Per SF
$546.84
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
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
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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