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INVESTMENT HIGHLIGHTS
- Owner-User Potential: A single-story, purpose-built office building allows a user to occupy the entire building and customize internal layout.
- Ample Parking Spaces: A rare amenity of 16 dedicated surface parking spaces with gated entrance.
- Value-Add Opportunity: May be delivered 100% vacant, allowing a buyer to immediately lease up the entire building at current market rate.
- Repositioning Potential: Given the R4-2 zoning and location, opportunity exist for re-tenanting, re-configuring or re-developing uses.
- Strong Visibility: Frontage on a major thoroughfare and high traffic count exposure.
EXECUTIVE SUMMARY
Discover a rare Owner-User (or multi-tenant) office asset in the heart of Koreatown, offering approximately 5,376 sq ft of built space on a 6,260 sq ft lot with 16 surface parking spaces. Positioned at a high-traffic intersection with ±41,500 vehicles/day, and just blocks from the Wilshire/Vermont Metro station and major freeways, the property delivers both convenience and visibility. Whether you’re a corporate user seeking a custom HQ or an investor looking for lease-up upside in one of LA’s most vibrant sub-markets, this offering provides a strong strategic footprint. Available for acquisition now — contact us for full offering details.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,376 SF
Building Class
C
Year Built
1964
Price
$1,899,900
Price Per SF
$353.40
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,376 SF
Slab To Slab
11’
Building FAR
0.88
Lot Size
0.14 AC
Zoning
R4-2 - High Medium Residential with TOC Tier 3
Parking
16 Spaces (2.98 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Metro/Subway
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (82)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 5077-022-007 | Improvements Assessment | $270,608 |
| Land Assessment | $1,298,917 | Total Assessment | $1,569,525 |
PROPERTY TAXES
Parcel Number
5077-022-007
Land Assessment
$1,298,917
Improvements Assessment
$270,608
Total Assessment
$1,569,525
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2836 W 8th St
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