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Investment Highlights
- Priced to Sell – Rare Koreatown owner-user opportunity offered at an attractive price point.
- Owner-User Opportunity – Delivered 100% vacant at closing, allowing a buyer to occupy the property immediately or lease at current market rates.
- Repositioning Potential – R4-2 zoning provides flexibility for re-tenanting, reconfiguring, or exploring future redevelopment opportunities.
- Ample On-Site Parking – 16 dedicated surface parking spaces with gated access, a rare amenity in Koreatown.
- Strong Visibility – Frontage along a major thoroughfare with high traffic count exposure.
Executive Summary
Berkshire Hathaway Commercial is pleased to present a rare Owner-User office opportunity in the heart of Koreatown. The property consists of a 5,376-square-foot office building situated on a 6,260-square-foot lot and features 16 on-site surface parking spaces. Strategically located along a major thoroughfare near Vermont/8th with approximately 41,500 vehicles passing daily, the asset offers exceptional visibility and signage exposure. The property is conveniently located just blocks from the Wilshire/Vermont Metro Station and provides easy access to major freeways, making it highly accessible for employees, clients, and visitors. The building will be delivered completely vacant at closing, allowing an owner-user immediate occupancy and full control of the premises.
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
$1,799,900
Price Per SF
$334.80
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
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
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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