Contacts
Property Details
- Property Type Other
- Date Updated Jun 12, 2026
The site comprises of approximately 32,500 SF of commercial zoned land at the corner of 8th Street and Garland Ave. This prime location is adjacent to many of the major developments taking place in Downtown and Westlake, respectively. This prime location can be universally recognized as a dynamic redevelopment opportunity. Centrally located between the 10 and 110 freeways, this location is a gateway to the robust neighborhood it inhabits and the future of Downtown LA
Opportunity to Create a High-density multifamily, hotel, retail or office mixed-use with a Floor Area Ratio (FAR) of 9:1. With nearly 100 development projects, including roughly 20 high-rise residential towers. As a result, Downtown LA's population is expected to quadruple in the next 10 years. High-end hotels, award-winning restaurants, prominent retailers and important technology companies from around the world have all entered the market - all of whom will contribute to Downtown's reemergence as a world-class city center. No other US gateway city offers more growth potential and value appreciation than Downtown Los Angeles.
Reach out to the broker for more info on lease terms and amenities
Highlights
- $32,000 Gross Income
- 13 Units with full Bathrooms
- 24 Units with shared Bathrooms (2Bathrooms/2Showers per floor)
- 37 Unit Building with ground floor retail
- About $3k/month income
- Banquet Hall
- Commercial / Parking Lot
- Commercial / Stores & Residential property
- Completely remodeled in 2010 to City Codes
- It may have approximately $5k/month income
- Owned with a different owner
- Property #1
- Property #2
- Property #3
- Property #4
- The market can vacant early with 6 months notice of vacant and 50,000 Penalty
- The market has 6 years remaining on the lease
Getting around
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96/100
Walk Score ®
-
78/100
Transit Score ®
-
63/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Koreatown
- Zip Code 90017
- Market Los Angeles
Points of Interest
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Wilshire/Western Station
0.33 miles
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Wilshire/Western
0.35 miles
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Wilshire/Normandie
0.46 miles
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Wilshire/Normandie Station
0.47 miles
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Vermont/Beverly Station
1.60 miles
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Westlake/MacArthur Park
1.78 miles
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Vermont/Santa Monica South Entrance
2.37 miles
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Vermont/Santa Monica North Entrance
2.46 miles
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Vermont/Santa Monica
2.47 miles
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Expo/Western
2.70 miles
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76
0.51 miles
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Shell
0.73 miles
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Mobil
0.81 miles
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Chevron
0.83 miles
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Electric Vehicle Charging Station
2.73 miles
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FLO
4.62 miles
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Tesla Supercharger
6.33 miles
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Culver City Supercharger
6.81 miles
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EVSE
7.08 miles
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Western Avenue Parking Garage
0.23 miles
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SP+
0.50 miles
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Vermont & WIlshire Parking Lot -LADOT Facility No. 691
0.94 miles
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LADOT Larchmont Lot
1.44 miles
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Metro Kiss and Ride
1.82 miles
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Lot B South Bronson Parking
1.90 miles
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East Bronson Parking
1.92 miles
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Lot A Windsor Parking
1.94 miles
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West Bronson Parking
1.94 miles
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Pickford Parking
1.96 miles
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The Rumi
0.02 miles
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Oxford Palace
0.07 miles
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Garden Suite Hotel
0.26 miles
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Ramada Los Angeles/Koreatown West
0.37 miles
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Rotex Hotel
0.43 miles
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The Line
0.49 miles
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Hotel Normandie
0.55 miles
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Hometel Suites
0.60 miles
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LA Comfortable house (korean)
0.64 miles
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LA Pyunanhan House
0.64 miles
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Koreatown Plaza
0.17 miles
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Ralphs
0.20 miles
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Jons
0.34 miles
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Galleria Market
0.35 miles
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H Mart
0.40 miles
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Ma Dang Courtyard
0.40 miles
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LA Bangla Bazar
0.83 miles
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El Potrillo
0.85 miles
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Hannam Chain Supermarket
0.90 miles
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El Super
0.91 miles
