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Chung King Road Art Gallery 978 Chung King Rd 2,400 SF 100% Leased Office Building Los Angeles, CA 90012 $1,400,000 ($583.33/SF)
Executive Summary
Situated along the vibrant Chung King Road
pedestrian corridor in the heart of LA’s historic
Chinatown, 978 Chung King Road offers ±2,400 SF
of mixed-use commercial space ideal for gallery,
studio, retail, or creative office use. The ground
floor features an open layout with a kitchenette,
mezzanine loft, and a ± 1,200 SF bonus basement,
while the upper level includes two 1-bedroom,
1-bath units, offering potential live/work
functionality. This rare ownership opportunity
blends flexible layout and authentic character
within walking distance to Central Plaza, Dodger
Stadium, Metro access, and Downtown LA
pedestrian corridor in the heart of LA’s historic
Chinatown, 978 Chung King Road offers ±2,400 SF
of mixed-use commercial space ideal for gallery,
studio, retail, or creative office use. The ground
floor features an open layout with a kitchenette,
mezzanine loft, and a ± 1,200 SF bonus basement,
while the upper level includes two 1-bedroom,
1-bath units, offering potential live/work
functionality. This rare ownership opportunity
blends flexible layout and authentic character
within walking distance to Central Plaza, Dodger
Stadium, Metro access, and Downtown LA
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,400 SF
Building Class
C
Year Built
1950
Price
$1,400,000
Price Per SF
$583.33
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
1.38
Lot Size
0.04 AC
Zoning
LAC2 - Commercial
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Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5414-005-036 | Improvements Assessment | $181,205 |
| Land Assessment | $191,158 | Total Assessment | $372,363 |
Property Taxes
Parcel Number
5414-005-036
Land Assessment
$191,158
Improvements Assessment
$181,205
Total Assessment
$372,363
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Chung King Road Art Gallery | 978 Chung King Rd