Chapman Market 3451 W 6th St 41,743 SF 88% Leased Retail Building Los Angeles, CA 90020 For Sale

Northmarq’s National Shopping Center Group is pleased to exclusively offer the opportunity to acquire Chapman Market (the “Property”), an iconic 41,241-square-foot historic retail center with significant on-site parking located in the heart of supply-constrained Koreatown. Chapman Market is known in the region as the Dining and Entertainment hub of Koreatown. Defined by its Spanish Revival architecture, the Property is designated as a Los Angeles Historic-Cultural Monument and stands apart from surrounding high-rise development as an irreplaceable urban infill retail investment in one of Los Angeles’ most supply-constrained submarkets.
Strategically positioned along 6th Street (27,010 VPD) between South Alexandria and South Kenmore, Chapman Market features a curated mix of destination dining and retail tenants, including Michelin-recognized restaurants Quarters Korean BBQ and Danbi, a contemporary Korean concept. As a result, the Property commands the highest retail rents in all of Koreatown.
Coming soon is another tenant that will further bolster the roster—Hue by Mama Lion. Backed by a multi-million-dollar build-out, the private club is designed to deliver an intimate, highly curated environment featuring refined seating, social/dining, and a sophisticated craft cocktail program tailored to an elite clientele of celebrities, entertainment and sports figures, business leaders, and affluent local patrons. Upon opening, HUE is expected to further reinforce Chapman Market’s position as a premier dining and entertainment destination in Koreatown.
Together with KazuNori, Starbucks, and the center’s broader tenant mix, Chapman Market attracts tremendous local and regional demand, reflected in approximately 740,000 customer visits in 2025, according to Placer.ai, and supported by exceptional tenant sales performance.