3450 W 6th Street

$19,000,000

3450 W 6th Street Los Angeles, CA 90020

To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or right with one finger.

About this listing

Prime Retail Center in the Hottest Retail Block in Koreatown on W 6th St.
4.93% Cap - NNN
5% Rent Escalation For Most Tenants
Desirable Location with Historically Low Vacancy
Zoned LAC2 - Tier 3 zone of TOC : Potential Development Opportunity

Coldwell Banker Commercial Realty and WESTMAC Commercial Brokerage Company are delighted to present an exclusive opportunity to aquire Kenmore Plaza located at 3450 W. 6th St., a strategically positioned strip center at the heart of Los Angeles’ dynamic Koreatown neighborhood. Encompassing 14,344 square feet of building space on a generous 26,335 square feet of land, this trophy asset stands as a prime investment.
Currently fully leased, the building accommodates long-term mom-and-pop tenants dedicated to serving the local community and now with the surge of positive social media coverage of the Koreatown culinary scene, it has been attracting new food enthusiasts from diverse non-local communities. With most tenants subject to annual 5% rent escalations, this property ensures a reliable and growing income strategically positioned in the most sought after block in Koreatown. This vibrant junction of W. 6th St. and Kenmore is surrounded by flourishing culinary and nightlife hotspots, witnesses a robust traffic volume of 44,326.
Kenmore Plaza is an exceptional opportunity for buyers aiming to establish a presence in Koreatown’s highly coveted submarket in the hottest retail block. Moreover, the property is zoned LAC2 and falls within the Tier 3 zone of TOC guidelines, positioning it ideally for developers looking to participate in the neighborhood’s ongoing development surge.
The prime location of 3450 W. 6th St. within this bustling neighborhood makes it a compelling prospect for acquiring a retail strip center. Don’t miss out on this exciting opportunity to be part of Koreatown’s dynamic growth and development.

  • Building Size

    14,344 sqft

  • Lot Area

    26,335 sqft

  • Year Built

    1988

  • Zoning

    LAC4

  • Floors

    1

DESCRIPTION

  • • Age: 41-50 Years Old
  • • Lot Size: Under 1/2 Acre

DOCUMENTS

Map





REQUEST INFORMATION

Yes, I would like more information from Coldwell Banker Commercial ("CBC"). Please use and/or share my information with a CBC agent to contact me about my real estate needs.

By clicking REQUEST INFORMATION, I agree that this automatically creates an account, and a CBC agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number.
I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

SIMILAR LISTINGS FROM Eric Sackler

  • For Lease
    Office
    12401 Wilshire Blvd Los Angeles, CA
				90025

    6 photos available.

    6

    12401 Wilshire Blvd

    $500 to $2,500/sqft/mo
    Los Angeles, CA 90025
  • For Lease
    Retail
    6307 Wilshire Blvd Los Angeles, CA
				90048

    1 photo available.

    1

    6307 Wilshire Blvd

    $2.99/sqft/mo
    Los Angeles, CA 90048
  • For Sale
    Multifamily
    3000 Grand Canal Venice, CA
				90291

    15 photos available.

    15

    3000 Grand Canal

    $7,000,000
    Venice, CA 90291
  • For Sale
    Multifamily
    1210 N Crescent Heights Blvd West Hollywood, CA
				90046

    8 photos available.

    8

    1210 N Crescent Heights Blvd

    $10,000,000
    West Hollywood, CA 90046