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450 S Western Ave
Los Angeles, CA 90020

$4.50 USD/SF/MO - $54.00 USD/SF/YR

Freestanding For Lease  •  1,272+ SF

Property Details

  • Property Type Freestanding
  • Year Built 2016
  • Total Building Size 91,883 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C2-1; R3-2
79 Transit Score
97 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
3rd Floor Ste 305/FC3 Retail 1,346 SF $54.00 USD/SF/YR
Dark food court restaurant fully built out, ample indoor and out door eating capability.

  • Date available: Now
  • Lease term: 3 - 5 Years
  • Service type: Triple Net
  • Built out as: Fast Food
  • Space Type: Relet
3rd Floor Ste 308 Retail 1,272 SF $54.00 USD/SF/YR
Restaurant Space with Kitchen/Hood great for dessert shop, cafe, coffee, cooking, indoor dining, outdoor dining and on the 3rd floor of the Best Open Air Shopping Center in Koreatown.

  • Date available: Now
  • Lease term: 3 - 10 Years
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
3rd Floor Ste 309 Retail 1,700-5,821 SF $4.50 USD/SF/MO
Raw Space so you can use your best imagination to make your ideal restaurant / bar space. Liquor License for on site consumption with the property. The space has concrete floors and will require full build out. Ownership is interested in an experienced restaurant / bar operator with the addition of nightlife component to the property.

  • Date available: Now
  • Lease term: 3 - 10 Years
  • Service type: Triple Net
  • Space Type: Relet

Description

UNDER NEW OWNERSHIP! CAPITAL IMPROVEMENTS ARE COMING SOON! WE HAVE AMAZING OUTDOOR SEATING AREAS. California Market Place is the premier outdoor retail mall in the heart of Koreatown located on the North East Corner of Western Ave./5th Street.  Anchored by Gaju Market aka California Market. Gaju Market draws an enormous amount of vehicular traffic and foot traffic daily making this Korean SuperMarket one of Koreatown's favorite places to shop. California Marketplace has only a few retail spaces on the 2nd floor and a fantastic 3rd floor dedicated to only restaurants and a food court with plenty of outdoor seating. We have restaurant spaces available from 1,400sf-5,800sf, there are multiple liquor licenses and CUP for the property. The Pandemic and Government Shutdowns are nearing an end. Take advantage of the current terrific pricing and lease a space before prices start to go up everywhere in Koreatown. We have almost 400 parking spaces on site in the parking structure.

Property Flyers

Amenities

  • Banking
  • Bus Line
  • Corner Lot
  • Courtyard
  • Food Court
  • Metro/Subway
  • Restaurant
  • Kiosk/Cart Space
  • Storage Space
  • Monument Signage
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
California Market
CL Blossom 1,500 SF
Etude Salon 1,500 SF
Myungrang Hot Dog
Seoul Pho
Thanks Pizza
Tous Les Jours 2,250 SF
Verizon Wireless 1,800 SF

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 10 min - 5.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.6 mi
Transit/SubwayDriveWalkDistance
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 6 min 0.4 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.7 mi
Los Angeles International 23 min - 12.2 mi
Long Beach (Daugherty Field) 35 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 362
Type: Covered
Included in Rent: Yes
Jay Chu 213-389-5888 SP Residential, Inc.
Jay Chu 213-389-5888 SP Residential, Inc.