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242-246 Western Ave
Los Angeles, CA 90004 Koreatown

Rate Upon Request

Apartments For Lease  •  2,500 SF

Property Details

  • Property Type Apartments
  • Year Built 1928
  • Total Building Size 64,673 SF
  • Building Class B
  • Zoning C2-2
62 Transit Score
97 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 4574 Beverly Retail 2,500 SF Rate Upon Request
***THIS IS A BUSINESS/ASSET SALE: KEY MONEY IS REQUIRED*** District Realty Group, is pleased to present the opportunity to own an established turnkey restaurant & bar in prime Koreatown. The Bar comes with a very attractive, below market rent and stabilized increases. The unique building layout allows for an operator to implement their own business for the entire space or even a dual-concept. The venue is renowned for its excellent cocktails, paired with a menu of popular bar bites. To offset overhead costs, the current operator subleases the kitchen to a ghost kitchen tenant. Email for details. 

*Multiple “Grandfathered” LA County conditional licenses attached to venue with no yearly renewal fees.

Note: There is an option currently being permitted (and installed for the right buyer) for an 80 square foot digital ad billboard / marquee on the front of the venue. This very high traffic blvd (appox million traffic count per month ESRI) is a prime and coveted location for digital billboard advertising, with revenue potentially exceeding the entire rent amount. This digital billboard is in possession and ready to install. Please contact for more details.



*DISCLAIMER:
BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO ANY TENANTS OR STAFF, UNLESS OTHERWISE APPROVED, IN WRITING, BY SELLER/OWNER OR DISTRICT REALTY GROUP. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.*

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Drinking Establishment
  • Space Type: Relet

Description

***THIS IS AN ASSET / BUSINESS SALE --KEY MONEY IS REQUIRED*** District Realty Group, is pleased to present the opportunity to own an established turnkey restaurant & bar in prime Koreatown. The Bar comes with a very attractive, below market rent and stabilized increases. The unique building layout allows for an operator to implement their own business for the entire space or even a dual-concept. The establishment is known for its great cocktails, complemented by popular bar food.

*Multiple “Grandfathered” LA County conditional licenses attached to venue with no yearly renewal fees.

Note: There is an option currently being permitted (and installed for the right buyer) for an 80 square foot digital ad billboard / marquee on the front of the venue. This very high traffic blvd (appox million traffic count per month ESRI) is a prime and coveted location for digital billboard advertising, with revenue potentially exceeding the entire rent amount. This digital billboard is in possession and ready to install. Please contact for more details.


*DISCLAIMER:
BROKERS, PROSPECTIVE BUYERS, AND ANY AFFILIATED INTERESTED PARTY (“INTERESTED PARTIES”) SHALL NOT DISTURB OR MENTION THE DETAILS OF THIS OPPORTUNITY TO ANY TENANTS OR STAFF, UNLESS OTHERWISE APPROVED, IN WRITING, BY SELLER/OWNER OR DISTRICT REALTY GROUP. IF ANY INTERESTED PARTIES FAIL TO ADHERE TO THIS DISCLAIMER, SAID INTERESTED PARTIES SHALL BE IMMEDIATELY DISQUALIFIED FROM THIS OPPORTUNITY AND POTENTIALLY OTHER OPPORTUNITIES OFFERED BY DISTRICT REALTY GROUP.

Highlights

Highly Desirable Koreatown Location
Ideal For New Restaurant/Bar Concept Conversion
Located across from Kim Sun Young Beauty Salon At Beverly and Western Ave.

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Elevator
  • Freezer
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.7 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)) 11 min - 4.9 mi
Transit/SubwayDriveWalkDistance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 19 min - 10.9 mi
Los Angeles International 24 min - 12.9 mi
Long Beach (Daugherty Field) 36 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Eon Lew 818-395-8053 District Realty Group
Eon Lew 818-395-8053 District Realty Group